On average, listings lease in the $10's per square foot per year. The Westbrook submarket is going through a decrease in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 7% decline in rent.
In the last 90 days, 241 listings have been listed, so you'll want to check back regularly for new listings. About 5% of the listings in the Westbrook 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 posted, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,460 sqft. Most properties in this region are around 2 floors. Most buildings in this region were built in 1900 and are Class Class B.
Real time and historical data on commercial real estate listings in Westbrook.
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