Central Greenwich Retail

Central Greenwich

Office Space Market Report

Number of Listings (last 90 days)
41
Median Rate ($/sqft/yr)
$59
Median Size (sqft)
4,050
As of: June 28, 2017

Central Greenwich Rates

Most listings are in the $50's per square foot per year. The Central Greenwich submarket is going through a an increase in rates. In the last 3 months, the median rate went up $59 per sqft per year.

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

Central Greenwich Listing Supply

In the last 90 days, 41 listings have come on the market, so you'll want to check back regularly for new listings. About 80% of the office spaces in the Central 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 available, so finding a space for a small business might be tough.

Even though the median size is 4,050 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this region are around 3 stories. Most buildings in this region were built in 1974 and are Class A.

Central Greenwich Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Wholesale trade is the dominant industry in this market. Commute by walking is the most popular way to get to work amongst Central Greenwich folk. Commuting approximately 20 minutes 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 Central Greenwich.
Market Report

Market Data

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

Greenwich Submarkets