Most listings are in the $20's per square foot per year. The Downtown Bridgeport region is going through a decline in rates. In the last 3 months, the median rate fell $5 per sqft per year. That's a 15% decline in rent.
Compared to the rest of the Fairfield market, the Downtown Bridgeport region has smaller rates, so you should have no trouble finding a great deal in this undervalued submarket.
In the last 90 days, 33 listings have been listed, which means new listings might be leasing quickly. You'll want to be prepared to make an offer immediately. About 3% of the office spaces in the Downtown Bridgeport are subleases, so you will probably have to consider a longer term lease. 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 2,660 sqft, there are still 0 leases below 2,000 sqft. Most properties in this market are approximately 4 stories. Most buildings in this market were built in 1985 and are Class A.
A large portion of this region is residential, but there's plenty of office_space. Waste services is the dominant industry in this region. Commute by walking is the most popular way to get to work amongst Downtown Bridgeport folk. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.