Springfield Sublease

Springfield

Office Space Market Report

Number of Listings (last 90 days)
139
Median Rate ($/sqft/yr)
$19
Median Size (sqft)
1,830
As of: May 24, 2017

Springfield Rates

The typical asking rate per listing is in the $10's per square foot per year. The Springfield submarket is going through a an increase in rates. In the last 3 months, the median rate increased $1 per sqft per year. That's a 7% rise 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 2% of the listings in the Springfield are subleases, so you will probably need to consider the implications of signing a direct lease with the building. 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 1,830 sqft. Most properties in this area are close to 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