Elmwood Industrial

Elmwood

Office Space Market Report

Number of Listings (last 90 days)
17
Median Rate ($/sqft/yr)
$24
Median Size (sqft)
2,500
As of: August 19, 2017

Elmwood Rates

Compared to the rest of the Buffalo market, the Elmwood region has lower rates, so you should have no trouble finding a great deal in this depreciated submarket.

Elmwood Listing Supply

In the last 90 days, 17 listings have been listed, which means new listings might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 59% of the available leases in the Elmwood 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 available, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 2,500 sqft. Most buildings in this region are approximately 3 floors. Most buildings in this region were built in 1915 and are Class B.

Elmwood Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Finance and insurance are the dominant industries in this market. Commute by car is the most popular way to get to work amongst Elmwood folk. Commuting approximately 30 minutes a day is the norm for those who opt to reside in this part of town.

Market Report

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

Market Data

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