Essex Village Office Space

Essex Village

Office Space Market Report

Number of Listings (last 90 days)
1
Median Rate ($/sqft/yr)
$50
Median Size (sqft)
470
As of: July 28, 2017

Essex Village Rates

The typical asking rate per listing is in the $40's per square foot per year. The Essex Village submarket is going through a decline in rates. In the last 3 months, the median rate fell $3 per sqft per year. That's a 6% decline in rent.

Essex Village Listing Supply

In the last 90 days, 1 listings have been posted online, which means office spaces are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 100% of the office spaces in the Essex Village 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 470 sqft. Most properties in this region are close to 2 floors. Most buildings in this area were built in 1920.

Essex Village Community

Market Report

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

Market Data

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