Most listings are in the $10's per square foot per year. The Milford region is seeing a decline in rates. In the last 3 months, the median rate decreased $3 per sqft per year. That's a 15% decrease in rent.
In the last 90 days, 34 listings have been listed, which means office spaces most likley are leasing quickly. You'll want to be prepared to make an offer immediately. About 6% of the available leases in the Milford 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.
The standard measurement for office space in this area is around 1,590 sqft. Most properties in this market are around 2 stories. Most buildings in this region were built in 2005 and are Class C.
Real time and historical data on commercial real estate listings in Milford.
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