Norwich Office Space

Norwich

Office Space Market Report

Number of Listings (last 90 days)
11
Median Rate ($/sqft/yr)
$66
Median Size (sqft)
12,000
As of: May 25, 2017

Norwich Rates

Most listings are in the $60's per square foot per year. The Norwich submarket is going through a a rise in rates. In the last 3 months, the median rate increased $19 per sqft per year. That's a 41% increase in rent.

Norwich Listing Supply

In the last 90 days, 11 listings have been posted online, which means listings most likley are leasing quickly. You'll want to be prepared to make an offer immediately. 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 12,000 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this market are approximately 2 stories. Most buildings in this market were built in 1890 and are Class A.

Norwich Community

Market Report

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

Market Data

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