Central Buffalo Sublease

Central Buffalo

Office Space Market Report

Number of Listings (last 90 days)
28
Median Rate ($/sqft/yr)
$18
Median Size (sqft)
22,000
As of: May 21, 2017

Central Buffalo Rates

The typical asking rate per listing is in the $10's per square foot per year. The Central Buffalo region is experiencing a decline in rates. In the last 3 months, the median rate fell $8 per sqft per year. That's a 30% decline in rent.

Compared to the rest of the Buffalo market, the Central Buffalo submarket has less expensive rates, so you should have no trouble finding a great deal in this depreciated region.

Central Buffalo Listing Supply

In the last 90 days, 28 listings have been posted online, which means new availabilities might be going fast. 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.

Even though the median size is 22,000 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this region are approximately 4 stories. Most buildings in this region were built in 1959 and are Class A.

Central Buffalo Community

This area is fairly equally mixed residential and commercial. Utilities is the dominant industry in this region. Most of the residents of Central Buffalo work from home. Commuting close to an hour and a half 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 Central Buffalo.
Market Report

Market Data

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