Newtown Office Space

Newtown

Office Space Market Report

Number of Listings (last 90 days)
2
Median Rate ($/sqft/yr)
$16
Median Size (sqft)
6,190
As of: December 3, 2016

Newtown Rates

Most listings are in the $10's per square foot per year. The Newtown submarket is experiencing a decrease in rates. In the last 3 months, the median rate fell $4 per sqft per year. That's a 20% decrease in rent.

Compared to the rest of the Fairfield market, the Newtown region has less expensive rates, so you should have no trouble finding a great deal in this depreciated region.

Newtown Listing Supply

In the last 90 days, 2 listings have come on the market, which means spaces might be leasing quickly. You'll want to be prepared to make an offer immediately. About 50% of the listings in the Newtown are subleases, so you might be able to snag a great spot on a short term. 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 6,190 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this area are around 2 floors. Most buildings in this area were built in 1928 and are Class A.

Newtown Community

Market Report

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

Market Data

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