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What Is a CBD Office Market?

How to Start a Serviced Office Business

CBD is a common abbreviation for central business district. This part of a city is also commonly known as downtown, or the city center. Central business districts are characterized by high-density development of office buildings, often including government centers and transportation hubs. The “CBD office market” is the term for demand for office real estate in a central business district. In most cities, the central business district represents an important part of the local commercial real estate market.

CBD Real Estate

Office space is the mainstay of central business districts, though they may also have tourist attractions, such as museums, sports and entertainment complexes. The real estate market is likely to include businesses that appeal to travelers, such as hotels, retail shops and restaurants.

CBDs and Suburbanization

During decades when suburban development was booming, demand declined in central business district markets. In many cities, corporate headquarters relocated from the CBD; over time, smaller companies began to follow them. Shoppers were more likely to head to a suburban mall than downtown shops or department stores.

CBDs and Adaptive Reuse

In recent years, many cities have seen gentrification of central business districts. Commercial real estate markets are being revitalized as adaptive reuse converts older commercial buildings into residential lofts, galleries and upscale shops. These developments help drive the market for office space rental. Old banks, offices and department stores are remodeled for use by modern service and high-tech businesses.

CBD is a common abbreviation for central business district. This part of a city is also commonly known as downtown, or the city center. Central business districts are characterized by high-density development of office buildings, often including government centers and transportation hubs. The "CBD office …

Offices For Lease in Sydney CBD, NSW

52 Martin Place ,
Sydney, NSW 2000

$1,300 – $1,350 per m² P.A.

270 – 350 m² Offices

1 Castlereagh Street ,
Sydney, NSW 2000

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125 – 550 m² Offices

Rob Dickins, Andy Cox

28 Margaret Street ,
Sydney, NSW 2000

Please contact agent

100 – 595 m² Offices

Stuart McSorley, Nick Read

55 Harrington Street ,
Sydney, NSW 2000

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211 – 1000 m² Offices

Other Agencies: Colliers International – Sydney

Mike Urwin, Steane Davies

347 Kent Street ,
Sydney, NSW 2000

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Nicholas Mulcahy, Shaun Keating

One Margaret Street, 1 Margaret Street ,
Sydney, NSW 2000

$775/m² Net

Ben Kardachi, Toby Anderson

Darling Park, Tower 3, 201 Sussex Street ,
Sydney, NSW 2000

PLEASE ASK AGENT

728 m² Offices • Medical & Consulting • Showrooms & Bulky Goods

Chris Rowe, Tom Mott

9A York Street ,
Sydney, NSW 2000

$695 Gross psm

650 – 728 m² Offices

Level 3 & 4, 70 Phillip Street ,
Sydney, NSW 2000

$700 per square metre

400 – 2100 m² Offices • Medical & Consulting • Showrooms & Bulky Goods

Discover 1265 offices for lease in Sydney CBD, NSW. Find commercial real estate with realcommercial.com.au today.