The typical asking rate per listing is in the $40's per square foot per year. The Downtown Stamford submarket is seeing a an increase in rates. In the last 3 months, the median rate rose $8 per sqft per year. That's a 21% increase in rent.
Compared to the rest of the Fairfield market, the Downtown Stamford submarket has higher rates, and you'll have to negotiate above asking rent to be in this hot region.
In the last 90 days, 62 listings have been listed, so you'll want to check back regularly for new listings. About 3% of the office spaces in the Downtown Stamford are subleases, so you will probably need to consider the implications of signing a direct lease with the building. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
Even though the median size is 5,000 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this market are approximately 5 floors. Most buildings in this region were built in 1979 and are Class A.
A large portion of this area is residential, but there's plenty of office_space. Health care is the dominant industry in this market. Commute by public transit is the most popular way to get to work amongst Downtown Stamford occupants. Commuting between 20 and 25 minutes a day is the norm for those who opt to reside in this part of town.