Greenwich Retail

Greenwich

Office Space Market Report

Number of Listings (last 90 days)
25
Median Rate ($/sqft/yr)
$86
Median Size (sqft)
2,700
As of: January 16, 2017

Greenwich Rates

Most listings are in the $80's per square foot per year. The Greenwich submarket is experiencing a a rise in rates. In the last 3 months, the median rate increased $26 per sqft per year. That's a 44% increase in rent.

Compared to the rest of the Fairfield market, the Greenwich submarket has higher rates, and you'll need to pay a premium to be in this hot region.

Greenwich Listing Supply

In the last 90 days, 27 listings have been made available, which means office spaces are probably going fast. You'll want to be prepared to make an offer immediately. About 11% of the available leases in the Greenwich 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 available, so finding a space for a small business might be tough.

Even though the median size is 2,780 sqft, there are still 0 listings below 2,000 sqft. Most properties in this area are close to 3 floors. Most buildings in this area were built in 1973 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