South New Haven Office Space

South New Haven

Office Space Market Report

Number of Listings (last 90 days)
19
Median Rate ($/sqft/yr)
$37
Median Size (sqft)
4,270
As of: May 29, 2017

South New Haven Rates

The typical asking rate per listing is in the $30's per square foot per year. The South New Haven submarket is going through a a boost in rates. In the last 3 months, the median rate went up $1 per sqft per year. That's a 2% increase in rent.

South New Haven Listing Supply

In the last 90 days, 19 listings have come on the market, which means new listings might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 16% of the listings in the South New Haven 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 posted, so finding a space for a small business might be tough.

Even though the median size is 4,270 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this market are around 9 floors. Most buildings in this area were built in 1965 and are Class A.

South New Haven Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Arts, entertainment, and restaurants are the dominant industries in this region. Commute by walking is the most popular way to get to work amongst South New Haven occupants. Commuting between 30 and 45 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 South New Haven.
Market Report

Market Data

Real time and historical data on commercial real estate listings in South New Haven.
Research