Roseland Office Space

Roseland

Office Space Market Report

Number of Listings (last 90 days)
27
Median Rate ($/sqft/yr)
$33
Median Size (sqft)
31,620
As of: June 24, 2017

Roseland Rates

Most listings are in the $30's per square foot per year. The Roseland region is seeing a an increase in rates. In the last 3 months, the median rate went up $33 per sqft per year.

Compared to the rest of the Essex County market, the Roseland submarket has greater rates, and you'll need to make a great offer to be in this hot region.

Roseland Listing Supply

In the last 90 days, 27 listings have been posted online, which means new listings most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. About 7% of the office spaces in the Roseland 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 on the market, so finding a space for a small business might be tough.

Even though the median size is 31,620 sqft, there are still 0 leases below 2,000 sqft. Most properties in this market are around 4 floors. Most buildings in this area were built in 1983 and are Class A.

Roseland Community

Market Report

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

Market Data

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