On average, listings lease in the $30's per square foot per year. The Downtown Stamford region is experiencing a decline in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 2% decline in rent.
Compared to the rest of the Fairfield market, the Downtown Stamford submarket has more expensive rates, and you'll need to pay a premium to be in this hot region.
In the last 90 days, 371 listings have come on the market, so you'll want to check back regularly for new listings. About 9% of the available space in the Downtown Stamford are subleases, so you will probably need to consider the implications of signing a direct lease with the building. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
Even though the median size is 4,700 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this area are approximately 5 floors. Most buildings in this market were built in 1979 and are Class A.
A large portion of this region is residential, but there's plenty of office_space. Health care is the dominant industry in this market. Commute by public transit is the most popular way to get to work amongst Downtown Stamford residents. Commuting between 20 and 25 minutes a day is the norm for those who opt to reside in this part of town.
Real time and historical data on commercial real estate listings in Downtown Stamford.
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