Masten Park Office Space

Masten Park

Office Space Market Report

Number of Listings (last 90 days)
6
Median Rate ($/sqft/yr)
$34
Median Size (sqft)
30,000
As of: June 23, 2017

Masten Park Rates

On average, listings lease in the $30's per square foot per year. The Masten Park submarket is going through a a boost in rates. In the last 3 months, the median rate increased $34 per sqft per year.

Compared to the rest of the Buffalo market, the Masten Park region has greater rates, and you'll need to pay a premium to be in this hot submarket.

Masten Park Listing Supply

In the last 90 days, 6 listings have come on the market, which means listings might be going fast. You'll want to be prepared to tour spaces as quick as possible. About 117% of the available leases in the Masten Park 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 4,140 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this region are close to 2 stories. Most buildings in this area were built in 1965 and are Class A.

Masten Park Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Manufacturing is the dominant industry in this region. Commute by walking is the most popular way to get to work amongst Masten Park folk. Commuting approximately 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 Masten Park.
Market Report

Market Data

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