Most listings are in the $50's per square foot per year. The West Side - Waterside - South End submarket is experiencing a an increase in rates. In the last 3 months, the median rate went up $5 per sqft per year. That's a 9% rise in rent.
Compared to the rest of the Fairfield market, the West Side - Waterside - South End submarket has higher rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 23 listings have come on the market, which means leases are probably going fast. You'll want to be prepared to make an offer immediately. About 26% of the listings in the West Side - Waterside - South End are subleases, so you might be able to sign a shorter term by taking over a previous lease. 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 10,990 sqft, there are still 0 leases below 2,000 sqft. Most properties in this region are close to 8 floors. Most buildings in this market were built in 1984 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Manufacturing is the dominant industry in this region. Commute by car is the most popular way to get to work amongst West Side - Waterside - South End folk. Commuting approximately 30 minutes a day is the norm for those who opt to reside in this part of town.