Springfield Industrial

Springfield

Office Space Market Report

Number of Listings (last 90 days)
14
Median Rate ($/sqft/yr)
$26
Median Size (sqft)
1,850
As of: December 5, 2016

Springfield Rates

Most listings are in the $20's per square foot per year. The Springfield submarket is experiencing a an increase in rates. In the last 3 months, the median rate increased $7 per sqft per year. That's a 39% increase in rent.

Springfield Listing Supply

In the last 90 days, 14 listings have been listed, which means new availabilities most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. 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 1,850 sqft. Most properties in this region are close to 2 floors. Most buildings in this market were built in 0 and are Class B.

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