New London Office Space

New London

Office Space Market Report

Number of Listings (last 90 days)
21
Median Rate ($/sqft/yr)
$26
Median Size (sqft)
1,150
As of: October 1, 2016

New London Rates

On average, listings lease in the $20's per square foot per year. The New London submarket is seeing a an increase in rates. In the last 3 months, the median rate increased $26 per sqft per year. That's a Inf% increase in rent.

New London Listing Supply

In the last 90 days, 23 listings have been posted online, which means listings most likley are leasing quickly. 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 1,150 sqft. Most buildings in this market are close to 2 floors. Most buildings in this region were built in 1960 and are Class A.

New London Community