Springfield Industrial

Springfield

Office Space Market Report

Number of Listings (last 90 days)
139
Median Rate ($/sqft/yr)
$20
Median Size (sqft)
1,630
As of: June 28, 2017

Springfield Rates

Most listings are in the $10's per square foot per year. The Springfield submarket is going through a a boost in rates. In the last 3 months, the median rate rose $20 per sqft per year.

Springfield Listing Supply

In the last 90 days, 139 listings have come on the market, so you'll want to check back regularly for new listings. About 63% of the office spaces in the Springfield 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 1,630 sqft. Most buildings in this market are around 1 stories. Most buildings in this region were built in 1994 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