Greenwich Retail

Greenwich

Office Space Market Report

Number of Listings (last 90 days)
19
Median Rate ($/sqft/yr)
$77
Median Size (sqft)
2,000
As of: September 24, 2016

Greenwich Rates

The typical asking rate per listing is in the $70's per square foot per year. The Greenwich submarket is experiencing a decrease in rates. In the last 3 months, the median rate decreased $13 per sqft per year. That's a 14% decline in rent.

Compared to the rest of the Fairfield market, the Greenwich submarket has greater rates, and you'll have to negotiate above asking rent to be in this hot submarket.

Greenwich Listing Supply

In the last 90 days, 19 listings have been made available, which means listings are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 2,000 sqft. Most properties in this market are around 3 stories. Most buildings in this region were built in 1974 and are Class A.

Greenwich Community

Greenwich Submarkets