Greenwich Retail

Greenwich

Office Space Market Report

Number of Listings (last 90 days)
36
Median Rate ($/sqft/yr)
$90
Median Size (sqft)
2,720
As of: July 22, 2017

Greenwich Rates

On average, listings lease in the $80's per square foot per year. The Greenwich submarket is going through a a boost in rates. In the last 3 months, the median rate went up $4 per sqft per year. That's a 5% rise in rent.

Compared to the rest of the Fairfield market, the Greenwich submarket has greater rates, and you'll need to make a great offer to be in this hot submarket.

Greenwich Listing Supply

In the last 90 days, 36 listings have been posted online, which means listings are probably going fast. You'll want to be prepared to make an offer immediately. About 42% of the available leases in the Greenwich are subleases, so you might be able to find a shorter term or below market rent. 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 2,720 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this market are close to 3 stories. Most buildings in this market were built in 1972 and are Class A.

Greenwich Community

Market Report

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

Market Data

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

Greenwich Submarkets