Masten Retail

Masten

Office Space Market Report

Number of Listings (last 90 days)
6
Median Rate ($/sqft/yr)
$34
Median Size (sqft)
4,140
As of: May 24, 2017

Masten Rates

On average, listings lease 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 went up $16 per sqft per year. That's a 86% increase in rent.

Compared to the rest of the Buffalo market, the Masten region has higher rates, and you'll have to negotiate above asking rent to be in this hot submarket.

Masten Listing Supply

In the last 90 days, 6 listings have been posted online, which means new listings most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. 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 4,140 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this region are close to 2 stories. Most buildings in this region 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 market. Commute by bike is the most popular way to get to work amongst Masten residents. 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