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)
14
Median Rate ($/sqft/yr)
$37
Median Size (sqft)
5,690
As of: December 5, 2016

Newfield - Westover - Turn of River Rates

Most listings are in the $30's per square foot per year. The Newfield - Westover - Turn of River region is experiencing a decrease in rates. In the last 3 months, the median rate decreased $5 per sqft per year. That's a 13% decrease in rent.

Compared to the rest of the Fairfield market, the Newfield - Westover - Turn of River submarket has higher rates, and you'll need to pay a premium to be in this hot region.

Newfield - Westover - Turn of River Listing Supply

In the last 90 days, 14 listings have been posted online, which means new listings might be leasing quickly. You'll want to be prepared to make an offer immediately. About 36% 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 posted, so finding a space for a small business might be tough.

Even though the median size is 5,690 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this area are close to 3 stories. Most buildings in this market 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 region. Commute by bike is the most popular way to get to work amongst Newfield - Westover - Turn of River residents. 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.
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