On average, listings lease in the $30's per square foot per year. The Downtown Stamford Historic District region is seeing a an increase in rates. In the last 3 months, the median rate increased $10 per sqft per year. That's a 34% increase in rent.
Compared to the rest of the Fairfield market, the Downtown Stamford Historic District region has higher rates, and you'll have to negotiate above asking rent to be in this hot submarket.
In the last 90 days, 25 listings have been listed, which means office spaces most likley are 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.
Even though the median size is 2,670 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this region are around 6 stories. Most buildings in this market were built in 1967 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Wholesale trade is the dominant industry in this market. Commute by car is the most popular way to get to work amongst Downtown Stamford Historic District folk. Commuting close to 15 minutes a day is the norm for those who opt to reside in this part of town.