Newfield - Westover - Turn of River Industrial

We couldn't find any industrial spaces for Lease and Sublease

Newfield - Westover - Turn of River

Office Space Market Report

Number of Listings (last 90 days)
15
Median Rate ($/sqft/yr)
$49
Median Size (sqft)
14,150
As of: July 19, 2017

Newfield - Westover - Turn of River Rates

Most listings are in the $40's per square foot per year. The Newfield - Westover - Turn of River submarket is going through a a boost in rates. In the last 3 months, the median rate rose $5 per sqft per year. That's a 12% rise in rent.

Compared to the rest of the Fairfield market, the Newfield - Westover - Turn of River region has greater rates, and you'll have to negotiate above asking rent to be in this hot region.

Newfield - Westover - Turn of River Listing Supply

In the last 90 days, 15 listings have come on the market, which means office spaces most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. About 100% of the available space in the Newfield - Westover - Turn of River 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 on the market, so finding a space for a small business might be tough.

Even though the median size is 14,150 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this area are approximately 3 floors. Most buildings in this area were built in 1971 and are Class B.

Newfield - Westover - Turn of River Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Education is the dominant industry in this market. Commute by bike is the most popular way to get to work amongst Newfield - Westover - Turn of River folk. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.

Market Report

Trends and status of the commercial real estate market in Newfield - Westover - Turn of River.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Newfield - Westover - Turn of River.
Research