The typical asking rate per listing is in the $70's per square foot per year. The Central Greenwich region is going through a an increase in rates. In the last 3 months, the median rate rose $78 per sqft per year.
Compared to the rest of the Fairfield market, the Central Greenwich submarket has higher rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 41 listings have been posted online, so you'll want to check back regularly for new listings. About 98% of the office spaces in the Central Greenwich 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 available, so finding a space for a small business might be tough.
Even though the median size is 3,660 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this region are approximately 3 stories. Most buildings in this market were built in 1974 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Wholesale trade is the dominant industry in this area. Commute by walking is the most popular way to get to work amongst Central Greenwich folk. Commuting around 20 minutes a day is the norm for those who opt to reside in this part of town.