Springfield Sublease

Springfield

Office Space Market Report

Number of Listings (last 90 days)
38
Median Rate ($/sqft/yr)
$21
Median Size (sqft)
7,000
As of: June 26, 2017

Springfield Rates

The typical asking rate per listing is in the $20's per square foot per year. The Springfield submarket is seeing a an increase in rates. In the last 3 months, the median rate rose $21 per sqft per year.

Springfield Listing Supply

In the last 90 days, 38 listings have come on the market, which means spaces are probably going fast. You'll want to be prepared to make an offer immediately. About 29% of the available space in the Springfield 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.

Even though the median size is 7,000 sqft, there are still 0 listings below 2,000 sqft. Most properties in this region are close to 2 stories. Most buildings in this area were built in 1915 and are Class A.

Springfield Community

Market Report

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

Market Data

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