Compared to the rest of the Buffalo market, the Waterfront submarket has lower rates, so you should have no trouble finding a great deal in this depreciated submarket.
In the last 90 days, 11 listings have come on the market, which means listings are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 9% of the available leases in the Waterfront are subleases, so you will probably need to sign a longer term lease with the landlord directly. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
Even though the median size is 4,900 sqft, there are still 0 listings below 2,000 sqft. Most properties in this area are around 3 stories. Most buildings in this market were built in 1981 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Public administration is the dominant industry in this region. Commute by car is the most popular way to get to work amongst Waterfront occupants. Commuting around 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 Waterfront.
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