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

PropZone aggregates office asking-rent data for Rochester from major brokerage market reports; see the quarterly table for the latest available figures.

What is the office vacancy rate in Rochester?

The office vacancy rate in Rochester was 8.6% as of Q4 2021 (CBRE).

Where does PropZone's Rochester market data come from?

This report aggregates quarterly office market data for Rochester from CBRE, Cushman & Wakefield.

Rochester Office Market Report

By PropZone Research · Data through Q4 2021 · Aggregated from CBRE, Cushman & Wakefield

Quarterly office market indicators for Rochester, aggregated by PropZone from CBRE, Cushman & Wakefield. As of Q4 2021, average asking rent was — with a 8.6% vacancy rate.

Quarter	Asking rent	Vacancy	Net absorption	Under constr.	Source
Q4 2021	—	8.6%	245K SF	—	CBRE
Q4 2021	$56.40/SF	3.6%	2K SF	—	Cushman & Wakefield

How the brokerage sources compare

For Q4 2021, the brokerages PropZone aggregates for Rochester office did not fully agree. On vacancy, the sources span 5.0 points — from 3.6% (Cushman & Wakefield) to 8.6% (CBRE). PropZone reconciles these into a single consensus median rather than relying on any one brokerage.

Source	Vacancy	Asking rent	Cap rate
Cushman & Wakefield	3.6%	$56.40/SF	—
CBRE	8.6%	—	—

Per-brokerage figures for Q4 2021, aggregated from published brokerage market reports.

Frequently asked questions

What is the average asking rent for office space in Rochester?: PropZone aggregates office asking-rent data for Rochester from major brokerage market reports; see the quarterly table for the latest available figures.
What is the office vacancy rate in Rochester?: The office vacancy rate in Rochester was 8.6% as of Q4 2021 (CBRE).
Where does PropZone's Rochester market data come from?: This report aggregates quarterly office market data for Rochester from CBRE, Cushman & Wakefield.
How much do brokerage estimates differ for office space in Rochester?: For Q4 2021, the brokerage sources PropZone aggregates for Rochester did not fully agree. On vacancy, the sources span 5.0 points — from 3.6% (Cushman & Wakefield) to 8.6% (CBRE). PropZone reconciles these into a single consensus median rather than relying on any one brokerage.

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