The typical asking rate per listing is in the $60's per square foot per year. The Pemberwick region is experiencing a an increase in rates. In the last 3 months, the median rate increased $63 per sqft per year.
Compared to the rest of the Fairfield market, the Pemberwick region has more expensive rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 5 listings have been made available, which means leases might be going fast. You'll want to be prepared to make an offer immediately. About 140% of the office spaces in the Pemberwick are subleases, so you might be able to find a shorter term or below market rent. 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 3,660 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this area are around 4 stories. Most buildings in this market were built in 1983 and are Class A.