Buffalo For Sale

Buffalo

Office Space Market Report

Number of Listings (last 90 days)
74
Median Rate ($/sqft/yr)
$25
Median Size (sqft)
2,990
As of: July 24, 2017

Buffalo Rates

On average, listings lease in the $20's per square foot per year. The Buffalo submarket is going through a a boost in rates. In the last 3 months, the median rate increased $1 per sqft per year. That's a 6% rise in rent.

Compared to the rest of the Buffalo market, the Buffalo region has less expensive rates, so you should have no trouble finding a great deal in this discounted region.

Buffalo Listing Supply

In the last 90 days, 74 listings have come on the market, so you'll want to check back regularly for new listings. About 82% of the office spaces in the Buffalo are subleases, so you might be able to find a shorter term or below market rent. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

Even though the median size is 3,000 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this region are close to 2 floors. Most buildings in this area were built in 1940 and are Class A.

Buffalo Community

Market Report

Trends and status of the commercial real estate market in Buffalo.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Buffalo.
Research