Paterson Retail

Paterson

Office Space Market Report

Number of Listings (last 90 days)
23
Median Rate ($/sqft/yr)
$20
Median Size (sqft)
8,000
As of: June 24, 2017

Paterson Rates

Most listings are in the $10's per square foot per year. The Paterson region is experiencing a an increase in rates. In the last 3 months, the median rate went up $20 per sqft per year.

Paterson Listing Supply

In the last 90 days, 23 listings have been posted online, which means office spaces are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 26% of the available leases in the Paterson 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 8,000 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this region are approximately 3 stories. Most buildings in this region were built in 1994 and are Class A.

Paterson Community

Market Report

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

Market Data

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

Paterson Submarkets