Most listings are in the $80's per square foot per year. The Downtown Greenwich region is seeing a decrease in rates. In the last 3 months, the median rate fell $26 per sqft per year. That's a 24% decrease in rent.
Compared to the rest of the Fairfield market, the Downtown Greenwich submarket has greater rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 168 listings have been made available, so you'll want to check back regularly for new listings. About 7% of the office spaces in the Downtown Greenwich are subleases, so you will probably have to focus your search on direct office leases. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,250 sqft. Most buildings in this area are close to 3 floors. Most buildings in this region were built in 1968 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Manufacturing is the dominant industry in this market. Most of the residents of Downtown Greenwich work from home. Commuting close to an hour 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 Greenwich.
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