On average, listings lease in the $50's per square foot per year. The West Side - Waterside - South End region is going through a decline in rates. In the last 3 months, the median rate decreased $5 per sqft per year. That's a 9% decline in rent.
Compared to the rest of the Fairfield market, the West Side - Waterside - South End submarket has more expensive rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 22 listings have come on the market, which means new listings most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 14% of the available space in the West Side - Waterside - South End 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 6,880 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this market are approximately 3 floors. Most buildings in this region were built in 1984 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Manufacturing is the dominant industry in this region. Commute by car is the most popular way to get to work amongst West Side - Waterside - South End folk. Commuting around 30 minutes a day is the norm for those who opt to reside in this part of town.