Rochester Office Rent Price & Sales Report

Highlights

  • The average rent for office space in Rochester is $17.27 per square foot, 0.75% lower compared to the previous year.
  • The market’s vacancy rate stands at 16.52%, lower than the state average of New York, which is 18.11%.
  • Renting Class A/A+ office space here costs $17.75 per square foot, while Class B averages $16.55 and Class C stands at $15.11.

2025 Office Space Rent & Sales

  • $17.27 2025 Avg. Asking Rent
  • -0.75% Y-o-Y Avg. Asking Rent Change
  • 16.52% 2025 Office Vacancy Rate
  • $10.2M2025 Total Office Sales
  • $39.90Avg. Sale Price/SF

What is the average asking rent price for office space in Rochester?

Average asking rents for office space here stand at $17.27 per square foot. The local office market recorded an average vacancy rate of 16.52% in 2025, unchanged from 16.52% in 2024.

Office transactions in the local market in 2025 totaled a sales volume of $10.2M across 6 sales. These transactions commanded an average sale price per square foot of $39.90.

Rochester, NY Office Asking Rents by Class

What is the average office rent per square foot by property class in Rochester?

  • Avg. Asking Rent Class A & A+$17.75
  • Avg. Asking Rent Class B$16.55
  • Avg. Asking Rent Class C$15.11

The average asking rent for Class A and A+ office space stood at $17.75 per square foot, indicating the best — and most expensive — that the market has to offer.
Class B space in Rochester averaged $16.55 per square foot, while the average for Class C space was $15.11 per square foot.

What is the average office rent per square foot by property class in NY?

  • Avg. Asking Rent Class A & A+$55.44
  • Avg. Asking Rent Class B$43.40
  • Avg. Asking Rent Class C$32.95

For comparison, the average rent for Class A and A+ office space in New York was $55.44 per square foot. The state-wide average for Class B space was $43.40 per square foot, and Class C office spaces averaged $32.95 per square foot.

Rochester, NY Office Indicators by Submarket

In 2025, the submarket with the lowest office vacancy rate in Rochester was Brighton at 6.47%. Meanwhile, the highest office vacancy rate in the market was 27.16%, recorded in CBD.
Submarket Asking Rents Vacancy Rates
Pittsford $19.50 10.18%
Brighton $17.88 6.47%
CBD $17.75 27.16%
Henrietta $14.84 18.56%
Greater Rochester $14.79 10.15%
Data provided by Yardi Research

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2025 Office Sales Volume

  • $39.902025 Avg. Price per SF
  • $10.2M2025 Office Sales Volume
  • 62025 Number of Transactions

What is the average sale price per square foot for office space in Rochester?

Average sale prices for office space in this market recorded a -53.71% change in 2025 compared to the previous year.
Office transactions recorded in the market in 2025 averaged $39.90 per square foot. For comparison, the statewide New York average during the same time period stood at $395.22 per square foot, while the national average was $182.48 per square foot.

Rochester, NY Sale Price per SF Trend

  • Rochester Avg. Sale Price per SF in 2025$39.90
  • New York Avg. Sale Price per SF in 2025$395.22

What was the total office sales volume in Rochester in 2025?

The local office market recorded 6 deals in 2025, adding up to a yearly sales volume of $10.2M.

  • Rochester, NY Total Office Sales Volume in 2025 $10.2M
  • Rochester, NY Total Number of Office Sales Closed in 2025 6
Data provided by Yardi Research

Office Construction in Rochester, NY

What are the largest recent office completions in Rochester?

The largest recent office completion here is Innovation Square at 580,000 square feet, completed in 1968. The next largest completions are The Metropolitan and First Federal Plaza.

Office building Address SF Completed
Seneca Building 245 East Main Street, 14604 168,449 2012
Three City Center 180 South Clinton Avenue, 14604 226,000 1988
First Federal Plaza 28 East Main Street, 14614 383,634 1977
The Metropolitan 1 South Clinton Avenue, 14614 474,325 1973
Innovation Square 100 South Clinton Avenue, 14604 580,000 1968
One East Avenue 1 East Avenue, 14604 99,921 1963
The Valley Building 333 East Avenue, 14614 94,580 1950
1495 Lake Ave 1495 Lake Ave, 14615 6,426 1950
568 Saint Paul Street 568 Saint Paul Street, 14605 9,650 1925
420 Durnan Street 420 Durnan Street, 14621 37,462 1917
Data provided by Yardi Research

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Disclaimer

All information on this page is based on city-level data that includes properties equal to or larger than 25,000 square feet.
Averages were calculated based on values dated between January 1st and December 31st 2025. Construction pipeline data represented herein is valid as of January 2026.

While every effort was made to ensure the accuracy of the data presented in this report, the information is provided “as is” and neither CommercialCafe nor Yardi Research Data can guarantee that the information provided is complete.