Bridgeport Office Space

Bridgeport

Office Space Market Report

Number of Listings (last 90 days)
39
Median Rate ($/sqft/yr)
$26
Median Size (sqft)
5,910
As of: May 21, 2017

Bridgeport Rates

On average, listings lease in the $20's per square foot per year. The Bridgeport region is going through a a rise in rates. In the last 3 months, the median rate increased $1 per sqft per year. That's a 5% rise in rent.

Compared to the rest of the Fairfield market, the Bridgeport region has less expensive rates, so you should have no trouble finding a great deal in this undervalued submarket.

Bridgeport Listing Supply

In the last 90 days, 39 listings have been listed, which means new availabilities most likley are going fast. You'll want to be prepared to make an offer immediately. About 3% of the available space in the Bridgeport are subleases, so you will probably need to consider the implications of signing a direct lease with the building. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

Even though the median size is 5,910 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this market are approximately 2 floors. Most buildings in this area were built in 1985 and are Class A.

Bridgeport Community

Market Report

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

Market Data

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