New London Office Space

New London

Office Space Market Report

Number of Listings (last 90 days)
15
Median Rate ($/sqft/yr)
$24
Median Size (sqft)
1,000
As of: December 4, 2016

New London Rates

The typical asking rate per listing is in the $20's per square foot per year. The New London region is seeing a a boost in rates. In the last 3 months, the median rate went up $4 per sqft per year. That's a 21% increase in rent.

New London Listing Supply

In the last 90 days, 15 listings have been posted online, which means leases might be going fast. You'll want to be prepared to tour spaces as quick as possible. 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 1,000 sqft. Most properties in this region are around 3 floors. Most buildings in this area were built in 1960 and are Class A.

New London Community

Market Report

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

Market Data

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