Downtown Springfield Sublease

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Downtown Springfield

Office Space Market Report

Number of Listings (last 90 days)
As of: October 27, 2016

Downtown Springfield Rates

The typical asking rate per listing is in the $0's per square foot per year. The Downtown Springfield region is experiencing a decrease in rates. In the last 3 months, the median rate fell $15 per sqft per year. That's a 100% decrease in rent.

Downtown Springfield Listing Supply

In the last 90 days, 1 listings have come on the market, which means new listings are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around  sqft. Most properties in this region are around 3 stories. Most buildings in this region were built in 1980 and are Class A.

Downtown Springfield Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Finance and insurance are the dominant industries in this area. Most of the residents of Downtown Springfield work from home. Commuting close to 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 Downtown Springfield.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Downtown Springfield.