Central Buffalo Office Space

Central Buffalo

Office Space Market Report

Number of Listings (last 90 days)
32
Median Rate ($/sqft/yr)
$24
Median Size (sqft)
6,460
As of: December 4, 2016

Central Buffalo Rates

On average, listings lease in the $20's per square foot per year. The Central Buffalo region is going through a a rise in rates. In the last 3 months, the median rate went up $24 per sqft per year. That's a Inf% rise in rent.

Compared to the rest of the Buffalo market, the Central Buffalo region has higher rates, and you'll need to make a great offer to be in this hot submarket.

Central Buffalo Listing Supply

In the last 90 days, 32 listings have been made available, which means listings are probably leasing quickly. You'll want to be prepared to make an offer immediately. 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 6,460 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this area are around 5 stories. Most buildings in this market were built in 1968 and are Class B.

Central Buffalo Community

This region is fairly equally mixed residential and commercial. Utilities is the dominant industry in this region. Most of the folk of Central Buffalo work from home. Commuting around an hour and a half a day is the norm for those who opt to reside in this part of town.

Market Report

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

Market Data

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