2022 Office Space Rent & Sales
- $23.96 2022 Avg. Asking Rent
- 28.96% 2022 Office Vacancy Rate
Greenfield office price per square foot in 2022 was $23.96 on average. The local office market recorded an average vacancy rate of 28.96% across all asset classes combined.
Average Rent by Office Class
2022 Average Office Rent per Square Foot
- Greenfield Class A & A+ Office Space$28.29
- Greenfield Class B Office Space$21.82
- Wisconsin Class A & A+ Office Space$26.06
- Wisconsin Class B Office Space$20.01
- Wisconsin Class C Office Space$12.08
Greenfield, WI Office Asking Rents by Class
2022 Office Vacancy Rates in Greenfield
Submarket | Asking Rents | Vacancy Rates |
---|---|---|
Milwaukee South | $24.84 | 26.52% |
Greenfield - Franklin | $21.82 | 18.28% |
Coworking Spaces in Wisconsin
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2022 Office Construction in Greenfield, WI
Office building | Address | SF | Completed |
---|---|---|---|
4600 West Loomis Road | 4600 West Loomis Road, 53220 | 65,000 | 2007 |
Lakeshore Medical Clinic - Greenfield | 4131 West Loomis Road, 53221 | 67,100 | 2006 |
Edgewood Plaza | 4811 S 76th St, 53220 | 56,769 | 1981 |
8505 W Forest Home Ave | 8505 W Forest Home Ave, 53228 | 3,600 | 1924 |
Worth noting among recent office completions on the Greenfield market is 4600 West Loomis Road, which is currently the largest new office development in the city, at 65,000 square feet.
See reports for other markets
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This market stats report is based on analysis of city-level data that includes office properties equal to or larger than 25,000 square feet in size. Averages were calculated based on values dated January 1st 2022 through December 31st 2022. Construction pipeline data represented herein is valid as of April 2023. The information on this page was compiled using data provided by CommercialEdge, a market intelligence solution which offers comprehensive real market knowledge on all Greenfield commercial properties sized 25,000 square feet or larger.
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 CommercialEdge can guarantee that the information provided is complete.