Most listings are in the $20's per square foot per year. The East Rock region is experiencing a a boost in rates. In the last 3 months, the median rate increased $23 per sqft per year.
In the last 90 days, 18 listings have been made available, which means office spaces might be leasing quickly. You'll want to be prepared to make an offer immediately. About 6% of the available space in the East Rock 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 on the market, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 500 sqft. Most buildings in this area are close to 2 floors. Most buildings in this area were built in 1918 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Waste services is the dominant industry in this area. Commute by bike is the most popular way to get to work amongst East Rock residents. Commuting close to 20 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 East Rock.
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