Springfield Office Space

Springfield

Office Space Market Report

Number of Listings (last 90 days)
139
Median Rate ($/sqft/yr)
$20
Median Size (sqft)
1,460
As of: June 22, 2017

Springfield Rates

Most listings are in the $10's per square foot per year. The Springfield region is experiencing a a rise in rates. In the last 3 months, the median rate increased $20 per sqft per year.

Springfield Listing Supply

In the last 90 days, 139 listings have been listed, so you'll want to check back regularly for new listings. About 59% of the available space in the Springfield are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,500 sqft. Most buildings in this area are approximately 1 floors. Most buildings in this area were built in 1994 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