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The Greater Rochester Enterprise team is here to help you grow your business in Rochester, NY.
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Intellectual Density Quotient
   

Real Estate Statistics

Classification

Low
Rental
Rates

High
Rental
Rates

Effective Avg.
Rental Rates

Vacancy
Rate

Downtown Office
Full Service Rates:
Class A $18.00 $30.00 $21.50  15.3%
Class B $10.00 $14.00 $12.00  21.9%
Suburban Office
Full Service Rates:
Class A $17.00 $22.00 $19.50  14.3%
Class B $12.00 $16.00 $14.00  23.1%
Metro Office
Full Service Rates:
Class A $17.00 $30.00 $20.50  14.7%
Class B $10.00 $16.00 $13.00  22.5%
Industrial/Flex
(Triple Net) Rates:
Warehouse/Distribution $2.00 $3.25 $2.75 NA
Manufacturing $4.00 $7.00 $5.50 NA
R&D/Flex $6.00 $10.00 $8.00 11.4%

Source: CB Richard Ellis, Rochester, NY, 2Q 2011

Rates are representative of Monroe County and are considerably lower in outlying counties of the the Greater Rochester, NY Region.

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"Overall Innovation Capacity"
• Ranked 5th for "Overall Innovation Capacity" upon the basis of 1. Jobs in high-tech industries 2. Degrees granted in science and engineering 3. Number of patents 4. Academic research and development funding 5. Venture capital invested. Metropolitan New Economy Index: Benchmarking Economic Transformation in the Nation's Metropolitan Areas, 2001
Brookings Institution Ranks Rochester among best metro economies in world
• Brookings Institution ranks Rochester the 46th best metro economy in the world and 3rd best in the U.S.(Jan 2012)
Abundance of Fresh Water
• 7% of the world's fresh water supply is right here in the Greater Rochester, NY Region.



Incentives available in the Greater Rochester Region: