Newington Industrial

Newington

Market Report

Number of Listings
Posted in the last 90 days
5
Median Rate ($/sqft/yr)
$31
Median Size (sqft)
3,160

Newington Rates

The typical asking rate per listing is in the $30's per square foot per year. The Newington region is going through a an increase in rates. In the last 3 months, the median rate increased $31 per sqft per year.

Newington Listing Supply

In the last 90 days, 39 listings have been posted online, which means new availabilities most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. About 3% of the office spaces in the Newington are subleases, so you will probably have to consider a longer term lease. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

Even though the median size is 3,160 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this area are approximately 1 stories. Most buildings in this region were built in 1989 and are Class B.

Newington Community

Market Data

Real time and historical data on commercial real estate listings in Newington.
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