Most listings are in the $80's per square foot per year. The Central Greenwich region is experiencing a a rise in rates. In the last 3 months, the median rate increased $7 per sqft per year. That's a 8% increase in rent.
Compared to the rest of the Fairfield market, the Central Greenwich submarket has greater rates, and you'll need to pay a premium to be in this hot region.
In the last 90 days, 41 listings have come on the market, so you'll want to check back regularly for new listings. About 7% of the office spaces in the Central Greenwich 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 2,520 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this market are approximately 3 stories. Most buildings in this market were built in 1974 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Wholesale trade is the dominant industry in this market. Commute by walking is the most popular way to get to work amongst Central Greenwich folk. Commuting around 20 minutes a day is the norm for those who opt to reside in this part of town.