Springfield Office Space

Springfield

Market Report

Number of Listings
Posted in the last 90 days
5
Median Rate ($/sqft/yr)
$21
Median Size (sqft)
2,500

Springfield Rates

Most listings are in the $20's per square foot per year. The Springfield region is seeing a decline in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 3% decline in rent.

Springfield Listing Supply

In the last 90 days, 261 listings have been made available, so you'll want to check back regularly for new listings. About 5% of the available space in the Springfield are subleases, so you will probably have to consider a longer term lease. 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 2,500 sqft. Most buildings in this region are approximately 2 floors. Most buildings in this market were built in 1917 and are Class A.

Springfield Community

Market Data

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