Springfield Industrial


Office Space Market Report

Number of Listings (last 90 days)
Median Rate ($/sqft/yr)
Median Size (sqft)
As of: October 21, 2016

Springfield Rates

The typical asking rate per listing is in the $10's per square foot per year. The Springfield submarket is seeing a decrease in rates. In the last 3 months, the median rate decreased $6 per sqft per year. That's a 28% decrease in rent.

Springfield Listing Supply

In the last 90 days, 34 listings have been posted online, which means listings are probably leasing quickly. 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 2,100 sqft. Most properties in this region are close to 2 stories. Most buildings in this area were built in 1999 and are Class A.

Springfield Community