Buffalo Retail

Buffalo

Office Space Market Report

Number of Listings (last 90 days)
71
Median Rate ($/sqft/yr)
$20
Median Size (sqft)
4,200
As of: December 7, 2016

Buffalo Rates

The typical asking rate per listing is in the $10's per square foot per year. The Buffalo submarket is experiencing a decline in rates. In the last 3 months, the median rate decreased $15 per sqft per year. That's a 42% decrease in rent.

Compared to the rest of the Buffalo market, the Buffalo region has less expensive rates, so you should have no trouble finding a great deal in this undervalued region.

Buffalo Listing Supply

In the last 90 days, 71 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 available, so finding a space for a small business might be tough.

Even though the median size is 4,200 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this area are around 3 floors. Most buildings in this area were built in 1945 and are Class A.

Buffalo Community

Market Report

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

Market Data

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