Most listings are in the $40's per square foot per year. The Greenwich region is seeing a decline in rates. In the last 3 months, the median rate decreased $44 per sqft per year. That's a 49% decline in rent.
Compared to the rest of the Fairfield market, the Greenwich region has higher rates, and you'll have to negotiate above asking rent to be in this hot submarket.
In the last 90 days, 36 listings have come on the market, which means new availabilities are probably leasing quickly. You'll want to be prepared to make an offer immediately. About 31% of the available space in the Greenwich 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 available, so finding a space for a small business might be tough.
Even though the median size is 3,100 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this market are around 3 floors. Most buildings in this market were built in 1973 and are Class A.