Greenwich Office Space

Greenwich

Office Space Market Report

Number of Listings (last 90 days)
19
Median Rate ($/sqft/yr)
$78
Median Size (sqft)
2,020
As of: December 8, 2016

Greenwich Rates

On average, listings lease in the $50's per square foot per year. The Greenwich submarket is experiencing a a rise in rates. In the last 3 months, the median rate went up $7 per sqft per year. That's a 13% rise in rent.

Compared to the rest of the Fairfield market, the Greenwich submarket has more expensive rates, and you'll need to make a great offer to be in this hot submarket.

Greenwich Listing Supply

In the last 90 days, 20 listings have been listed, which means new availabilities might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 10% of the available space in the Greenwich are subleases, so you will probably need to sign a longer term lease with the landlord directly. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 2,000 sqft. Most buildings in this market are close to 3 floors. Most buildings in this area were built in 1973 and are Class A.

Greenwich Community

Market Report

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

Market Data

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

Greenwich Submarkets