On average, listings lease in the $30's per square foot per year. The Essex County region is going through a a boost in rates. In the last 3 months, the median rate increased $8 per sqft per year. That's a 35% rise in rent.
In the last 90 days, 1142 listings have come on the market, so you'll want to check back regularly for new listings. About 5% of the office spaces in the Essex County are subleases, so you will probably need to sign a longer term lease with the landlord directly. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 2,120 sqft. Most properties in this region are approximately 2 floors. Most buildings in this market were built in 1970 and are Class B.
Real time and historical data on commercial real estate listings in Essex County.
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