On average, listings lease in the $30's per square foot per year. The Downtown Stamford region is seeing a an increase in rates. In the last 3 months, the median rate increased $4 per sqft per year. That's a 12% increase in rent.
Compared to the rest of the Fairfield market, the Downtown Stamford submarket has greater rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 62 listings have come on the market, so you'll want to check back regularly for new listings. About 8% of the office spaces in the Downtown Stamford are subleases, so you will probably need to sign a longer term lease with the landlord directly. 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 2,510 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this market are around 6 stories. Most buildings in this area were built in 1980 and are Class A.
A large portion of this region is residential, but there's plenty of office_space. Health care is the dominant industry in this area. Commute by public transit is the most popular way to get to work amongst Downtown Stamford occupants. Commuting between 20 and 25 minutes a day is the norm for those who opt to reside in this part of town.