Springfield Retail

Springfield

Office Space Market Report

Number of Listings (last 90 days)
42
Median Rate ($/sqft/yr)
$18
Median Size (sqft)
2,760
As of: December 9, 2016

Springfield Rates

On average, listings lease in the $10's per square foot per year. The Springfield submarket is experiencing a decline in rates. In the last 3 months, the median rate fell $5 per sqft per year. That's a 22% decline in rent.

Springfield Listing Supply

In the last 90 days, 43 listings have been posted online, so you'll want to check back regularly for new listings. 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 2,760 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this area are around 2 stories. Most buildings in this area were built in 1980 and are Class A.

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