Springfield Office Space

Springfield

Office Space Market Report

Number of Listings (last 90 days)
51
Median Rate ($/sqft/yr)
$18
Median Size (sqft)
2,710
As of: December 3, 2016

Springfield Rates

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

Springfield Listing Supply

In the last 90 days, 32 listings have been made available, which means leases might be going fast. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

Even though the median size is 3,190 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this market are around 2 floors. Most buildings in this region were built in 1980 and are Class A.

Springfield Community

Market Report

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

Market Data

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