Find the Perfect Location for Your Business to Thrive
Browse buildings for sale or lease in the Greater Rochester, NY region.
Commercial Real Estate
Opportunities for growth await businesses of all sizes in the Greater Rochester, NY region’s affordable commercial real estate market. Take advantage of competitive lease rates, a diverse range of sites and buildings, and the region’s advanced infrastructure.
Photo credit: City of Rochester
Commercial Real Estate Statistics
Compared to other major metropolitan areas and against national averages, businesses benefit from the highly competitive Rochester commercial real estate market. The region’s outstanding infrastructure supports the diverse real estate available to service providers and manufacturers of all sizes.
|CLASSIFICATION||LOW RENTAL RATES||HIGH RENTAL RATES||EFFECTIVE AVG. RENTAL RATES||VACANCY RATE|
|Downtown Office Full-Service Rates|
|Class A (Prime)||$19.50||$24.00||$20.50||9.0%|
|Class B (Secondary)||$12.00||$16.50||$14.00||21.0%|
|Suburban Office Full-Service Rates|
|Class A (Prime)||$18.00||$21.00||$19.50||11.6%|
|Class B (Secondary)||$13.00||$17.00||$15.00||8.7%|
|Industrial Space Net (Triple Net) Rates|
*Aggregate Industrial Vacancy Rate
Source: Pyramid Brokerage Company of Rochester – 2021 Market Outlook, Rochester, NY
Recent Business Investments
See recent business investments in our region.
Prime Commercial Sites and Buildings at Significant Savings
Prime commercial sites and buildings are available in the 9-county Greater Rochester, NY region at rates well below the national average, and even more affordable than those of major metropolitan markets.
|ROCHESTER, NY MSA*||U.S. AVERAGE**||% SAVINGS IN ROCHESTER, NY MSA|
|Office (Gross Asking Rent)||$18.00||$35.10||49%|
|Office Vacancy Rate||13.1%||15.5%|
|Industrial (NNN Asking Rent)||$4.75||$6.76||37%|
|Industrial Vacancy Rent||6.6%||5.2%|
|ROCHESTER GROSS AVERAGE DIRECT ASKING RENTS (US$/SQ.FT./ANNUM)||U.S. GROSS AVERAGE DIRECT ASKING RENTS (US$/SQ.FT./ANNUM)||ROCHESTER VACANCY RATES||U.S. VACANCY RATES|
|MAJOR MARKET COMPARISONS||AVG. OFFICE LEASE RATES**||ROCHESTER, NY MSA*||% SAVINGS IN ROCHESTER, NY MSA|
|Dallas/Ft. Worth, TX||$26.68||$18.00||33%|
|Los Angeles, CA||$43.11||$18.00||58%|
|New York, NY||$77.06||$18.00||77%|
|Northern New Jersey||$32.08||$18.00||44%|
|San Francisco, NY||$75.11||$18.00||76%|
|MAJOR MARKET COMPARISONS||AVG. INDUSTRIAL ASKING RATES||ROCHESTER, NY MSA||% SAVINGS IN ROCHESTER, NY MSA|
|Ft. Lauderdale, FL||$9.68||$4.75||51%|
|Las Vegas, CA||$9.07||$4.75||31%|
|Los Angeles, CA||$11.64||$4.75||48%|
|Northern New Jersey||$10.25||$4.75||38%|
You know your business.
We know Greater Rochester.
Let’s team up.
Thank You To Our Investors
We keep and maintain and are investing specifically in Rochester because that is where the talent is. We don’t succeed without the right talent.
Vice President and General Manager, Corning Advanced Optics
Rochester has the manufacturing capability, testing capability, and intellectual horsepower.
Past Chairman, NY BEST
Rochester is home to some of the finest optics companies in the nation, almost all of which OptiPro does business with.
We have inherited an exceptional quality of life thanks to an impressive cluster of cultural organizations, unparalleled natural resources, and a resilient and welcoming spirit of community.
President, Rochester Insititute of Technology
Once people get here and their families get used to short commute times, low home prices, the fact we have all kinds of recreational sporting activities, the quality of schools, they don’t want to leave.
CEO and Chairman, Sweetwater Energy
Rochester has provided ID Signsystems with the ability to grow and develop by tapping into the region’s large pool of design-focused talent, technicians, engineers and sign makers.
President, ID Signsystems
GRE’s direction and guidance proved to be well worth our investment. Their passion to make the business environment in the Rochester area greater is very apparent.
There is unlimited, untapped technical talent in the area and I hope we start a wave of other companies moving to Rochester.
The level of talent, energy, and innovation here is second to none. We are proud to play a role in the growth and redevelopment of this technology corridor.
George E. Daddis, Jr. PhD
Vice President, Panasonic
Rochester is the perfect size city to get business done. I’m always one connection away from anything I’m looking for.
President, Kink BMX
The work we’ve done and the momentum we’ve generated as a business has been possible in large part because of the talent, knowledge and industriousness of our people in Rochester, NY.
CEO, Brand Networks
We have access to talent graduating from our businesses and technical institutions capable of perpetuating our success for years to come.
President & CEO, Simcona Electronics
The Rochester region provided convenient access to both railroads and major highways, as well as proximity to Barilla’s customer base in the Northeast.
Vice President of Supply Chain, Barilla America
Rochester has an excellent pool of qualified professionals with the right work ethic.
Health Services President and General Manager, Maximus
Rochester has the resources optics companies need to transform their concepts into reality.
Dr. Duncan T. Moore
Vice Provost for Entrepreneurship and Professor of Optical Engineering
Rochester has a great base of intellectual capital in the science and technology fields at local businesses and universities.
Daniel J. Burns
Regional President, M&T Bank Corporation
We’ve developed vaccines to prevent cervical cancer right here in Rochester.
Vice President and COO, University of Rochester Medical Center
Among many great options, none could match Rochester in terms of talent, local supplier networks, and opportunities to partner with top-tier research institutions.
CEO, Plug Power