Most listings are in the $40's per square foot per year. The Westport region is seeing a decline in rates. In the last 3 months, the median rate fell $22 per sqft per year. That's a 33% decrease in rent.
Compared to the rest of the Fairfield market, the Westport region has more expensive rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 32 listings have come on the market, which means listings are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 6% of the available space in the Westport are subleases, so you will probably need to consider the implications of signing a direct lease with the building. 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 1,150 sqft. Most properties in this region are close to 2 floors. Most buildings in this area were built in 1978 and are Class A.