Newtown Industrial

Newtown

Office Space Market Report

Number of Listings (last 90 days)
2
Median Rate ($/sqft/yr)
$24
Median Size (sqft)
1,900
As of: July 22, 2017

Newtown Rates

On average, listings lease in the $20's per square foot per year. The Newtown submarket is going through a a rise in rates. In the last 3 months, the median rate went up $24 per sqft per year.

Compared to the rest of the Fairfield market, the Newtown region has lower rates, so you should have no trouble finding a great deal in this undervalued region.

Newtown Listing Supply

In the last 90 days, 2 listings have been posted online, which means new availabilities might be leasing quickly. You'll want to be prepared to make an offer immediately. About 150% of the available space in the Newtown are subleases, so you might be able to snag a great spot on a short term. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,900 sqft. Most properties in this market are approximately 2 floors. Most buildings in this market were built in 1968 and are Class A.

Newtown Community

Market Report

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

Market Data

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