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 increased $12 per sqft per year. That's a 38% rise in rent.
Compared to the rest of the Fairfield market, the Newfield - Westover - Turn of River submarket has more expensive rates, and you'll have to negotiate above asking rent to be in this hot region.
In the last 90 days, 15 listings have come on the market, which means listings might be going fast. You'll want to be prepared to tour spaces as quick as possible. About 13% of the office spaces in the Newfield - Westover - Turn of River are subleases, so you might be able to snag a great spot on a short term. 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 5,030 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this market are approximately 3 floors. Most buildings in this region were built in 1971 and are Class B.
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 occupants. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.