Find Office Space in Louisville, KY

Market Overview

Louisville, Kentucky is a spirited southern city that boasts a large repertoire of events, businesses and passions. Louisville is home to the University of Louisville, the nation’s first city-owned public university. With a local airport (SDF) and well-designed transportation system, it is easy for residents and visitors alike to get around Louisville as well as the surrounding area.

Athletics are a big part of the Louisville culture, the famous Kentucky Derby and Festival draws in a large amount of tourists each year offering retailers consistent projections. In addition, the University of Louisville Cardinals basketball games sell out every year and the team won the 2013 Men’s NCAA Championship.

Businesses thrive in Louisville; its location amongst major interstates has made it an important industrial hub. It is home to many major corporations including Humana, CafePress, Yum! Foods, Kindred Healthcare, and Papa John’s Pizza.

Louisville’s commercial real estate market is strong; there is increased vacancy in the downtown area, allowing businesses to find attractive spaces at competitive prices. Vacancy rates are 13.6% with prices averaging $16.31/ sq. ft. In 2012 large companies like Amazon.com, and LG&E moved into over 2 million sq. ft. (combined) of industrial space.