Trumbull Industrial

Trumbull

Office Space Market Report

Number of Listings (last 90 days)
8
Median Rate ($/sqft/yr)
$20
Median Size (sqft)
2,310
As of: February 21, 2017

Trumbull Rates

On average, listings lease in the $10's per square foot per year. The Trumbull submarket is experiencing a a boost in rates. In the last 3 months, the median rate rose $1 per sqft per year. That's a 7% rise in rent.

Compared to the rest of the Fairfield market, the Trumbull submarket has smaller rates, so you should have no trouble finding a great deal in this undervalued submarket.

Trumbull Listing Supply

In the last 90 days, 8 listings have been listed, which means listings might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 13% of the available leases in the Trumbull 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.

The standard measurement for office space in this area is around 2,310 sqft. Most buildings in this region are approximately 3 stories. Most buildings in this area were built in 1986 and are Class A.

Trumbull Community

Market Report

Trends and status of the commercial real estate market in Trumbull.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Trumbull.
Research