New London Industrial

New London

Office Space Market Report

Number of Listings (last 90 days)
9
Median Rate ($/sqft/yr)
$25
Median Size (sqft)
3,830
As of: June 24, 2017

New London Rates

The typical asking rate per listing is in the $20's per square foot per year. The New London region is seeing a a boost in rates. In the last 3 months, the median rate increased $25 per sqft per year.

New London Listing Supply

In the last 90 days, 9 listings have been listed, which means new listings most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 156% of the office spaces in the New London are subleases, so you might be able to sign a shorter term by taking over a previous 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 3,830 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this area are around 2 stories. Most buildings in this region were built in 1970 and are Class A.

New London Community

Market Report

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

Market Data

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