Pemberwick Office Space

Pemberwick

Office Space Market Report

Number of Listings (last 90 days)
5
Median Rate ($/sqft/yr)
$63
Median Size (sqft)
9,420
As of: June 27, 2017

Pemberwick Rates

The typical asking rate per listing is in the $60's per square foot per year. The Pemberwick region is experiencing a an increase in rates. In the last 3 months, the median rate increased $63 per sqft per year.

Compared to the rest of the Fairfield market, the Pemberwick region has more expensive rates, and you'll need to pay a premium to be in this hot submarket.

Pemberwick Listing Supply

In the last 90 days, 5 listings have been made available, which means leases might be going fast. You'll want to be prepared to make an offer immediately. About 140% of the office spaces in the Pemberwick 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 3,660 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this area are around 4 stories. Most buildings in this market were built in 1983 and are Class A.

Pemberwick Community

Market Report

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

Market Data

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