The typical asking rate per listing is in the $60's per square foot per year. The Pemberwick submarket is going through a an increase in rates. In the last 3 months, the median rate went up $63 per sqft per year.
Compared to the rest of the Fairfield market, the Pemberwick submarket has greater rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 35 listings have been posted online, which means listings might be going fast. You'll want to be prepared to make an offer immediately. About 6% of the listings in the Pemberwick 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.
Even though the median size is 9,420 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this market are close to 4 floors. Most buildings in this region were built in 1983 and are Class A.
Real time and historical data on commercial real estate listings in Pemberwick.
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