Springfield Industrial

Springfield

Office Space Market Report

Number of Listings (last 90 days)
48
Median Rate ($/sqft/yr)
$18
Median Size (sqft)
2,710
As of: January 18, 2017

Springfield Rates

The typical asking rate per listing is in the $10's per square foot per year. The Springfield submarket is going through a a rise in rates. In the last 3 months, the median rate went up $1 per sqft per year. That's a 9% rise in rent.

Springfield Listing Supply

In the last 90 days, 47 listings have been posted online, so you'll want to check back regularly for new listings. 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 2,710 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this region are approximately 2 stories. Most buildings in this region were built in 1980 and are Class A.

Springfield Community

Market Report

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

Market Data

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