Ellicott Office Space

Ellicott

Office Space Market Report

Number of Listings (last 90 days)
2
Median Rate ($/sqft/yr)
$26
Median Size (sqft)
45,000
As of: June 22, 2017

Ellicott Rates

Most listings are in the $10's per square foot per year. The Ellicott submarket is going through a an increase in rates. In the last 3 months, the median rate went up $16 per sqft per year.

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

Ellicott Listing Supply

In the last 90 days, 2 listings have been made available, which means leases most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 100% of the available leases in the Ellicott are subleases, so you might be able to snag a great spot on a short term. 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 1,000 sqft. Most properties in this area are approximately 2 stories. Most buildings in this market were built in 1897 and are Class B.

Ellicott Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Construction is the dominant industry in this area. Commute by bike is the most popular way to get to work amongst Ellicott occupants. Commuting around an hour 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 Ellicott.
Market Report

Market Data

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