Springfield Office Space

Springfield

Office Space Market Report

Number of Listings (last 90 days)
11
Median Rate ($/sqft/yr)
$22
Median Size (sqft)
3,800
As of: May 20, 2017

Springfield Rates

On average, listings lease in the $20's per square foot per year. The Springfield region is going through a a rise in rates. In the last 3 months, the median rate went up $2 per sqft per year. That's a 13% rise in rent.

Springfield Listing Supply

In the last 90 days, 11 listings have come on the market, which means listings might be going fast. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

Even though the median size is 3,800 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this market are around 1 floors. Most buildings in this market were built in 2006 and are Class B.

Springfield Community

Market Report

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

Market Data

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

Springfield Submarkets