Masten Retail

Masten

Office Space Market Report

Number of Listings (last 90 days)
6
Median Rate ($/sqft/yr)
$34
Median Size (sqft)
30,000
As of: June 29, 2017

Masten Rates

Most listings are in the $30's per square foot per year. The Masten submarket is experiencing a a rise in rates. In the last 3 months, the median rate increased $34 per sqft per year.

Compared to the rest of the Buffalo market, the Masten submarket has more expensive rates, and you'll need to pay a premium to be in this hot region.

Masten Listing Supply

In the last 90 days, 6 listings have been made available, which means new availabilities most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. About 67% of the office spaces in the Masten are subleases, so you might be able to sign a shorter term by taking over a previous lease. 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 30,000 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this market are close to 2 stories. Most buildings in this market were built in 1945 and are Class A.

Masten Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Information is the dominant industry in this area. Commute by bike is the most popular way to get to work amongst Masten folk. 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 Masten.
Market Report

Market Data

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