Buffalo Office Space

Buffalo

Office Space Market Report

Number of Listings (last 90 days)
74
Median Rate ($/sqft/yr)
$25
Median Size (sqft)
3,000
As of: July 19, 2017

Buffalo Rates

On average, listings lease in the $20's per square foot per year. The Buffalo submarket is going through a an increase in rates. In the last 3 months, the median rate rose $1 per sqft per year. That's a 6% rise in rent.

Compared to the rest of the Buffalo market, the Buffalo region has lower rates, so you should have no trouble finding a great deal in this depreciated region.

Buffalo Listing Supply

In the last 90 days, 74 listings have been made available, so you'll want to check back regularly for new listings. About 80% of the office spaces in the Buffalo 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 on the market, so finding a space for a small business might be tough.

Even though the median size is 3,000 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this market are around 3 stories. Most buildings in this market were built in 1940 and are Class A.

Buffalo Community

Market Report

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

Market Data

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