New London Industrial

New London

Office Space Market Report

Number of Listings (last 90 days)
22
Median Rate ($/sqft/yr)
$26
Median Size (sqft)
1,150
As of: September 26, 2016

New London Rates

On average, listings lease in the $20's per square foot per year. The New London submarket is seeing a a boost in rates. In the last 3 months, the median rate went up $26 per sqft per year. That's a Inf% rise in rent.

New London Listing Supply

In the last 90 days, 22 listings have come on the market, which means listings are probably leasing quickly. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,150 sqft. Most properties in this region are approximately 2 stories. Most buildings in this region were built in 1960 and are Class A.

New London Community