Springfield Sublease

Springfield

Office Space Market Report

Number of Listings (last 90 days)
814
Median Rate ($/sqft/yr)
$17
Median Size (sqft)
1,900
As of: August 17, 2017

Springfield Rates

Most listings are in the $10's per square foot per year. The Springfield submarket is seeing a decline in rates. In the last 3 months, the median rate fell $5 per sqft per year. That's a 22% decline in rent.

Springfield Listing Supply

In the last 90 days, 139 listings have been made available, so you'll want to check back regularly for new listings. About 30% of the listings in the Springfield are subleases, so you might be able to find a shorter term or below market rent. 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 1,900 sqft. Most buildings in this area are around 1 stories. Most buildings in this region were built in 1994 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