New London Sublease

New London

Office Space Market Report

Number of Listings (last 90 days)
9
Median Rate ($/sqft/yr)
$21
Median Size (sqft)
1,800
As of: March 11, 2017

New London Rates

The typical asking rate per listing is in the $20's per square foot per year. The New London region is seeing a a rise in rates. In the last 3 months, the median rate increased $2 per sqft per year. That's a 12% increase in rent.

New London Listing Supply

In the last 90 days, 9 listings have been made available, which means listings are probably going fast. You'll want to be prepared to make an offer immediately. About 11% of the office spaces in the New London 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 on the market, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,800 sqft. Most properties in this region are close to 2 floors. Most buildings in this area were built in 1986 and are Class A.

New London Community

Market Report

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

Market Data

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