Downtown Springfield Retail

Downtown Springfield

Office Space Market Report

Number of Listings (last 90 days)
7
Median Size (sqft)
1,000
As of: June 22, 2017

Downtown Springfield Rates

Downtown Springfield Listing Supply

In the last 90 days, 7 listings have been posted online, which means new listings are probably going fast. You'll want to be prepared to make an offer immediately. About 43% of the available leases in the Downtown Springfield 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 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 1,000 sqft. Most properties in this market are close to 3 stories. Most buildings in this region were built in 1962 and are Class A.

Downtown Springfield Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Finance and insurance are the dominant industries in this region. Most of the folk of Downtown Springfield work from home. Commuting around 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 Downtown Springfield.
Market Report

Market Data

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