The typical asking rate per listing is in the $20's per square foot per year. The Massachusetts region is going through a decrease in rates. In the last 3 months, the median rate fell $2 per sqft per year. That's a 10% decline in rent.
In the last 90 days, 9275 listings have been posted online, so you'll want to check back regularly for new listings. About 13% of the listings in the Massachusetts are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
Even though the median size is 3,100 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this market are close to 2 floors. Most buildings in this market were built in 1975 and are Class A.
Real time and historical data on commercial real estate listings in Massachusetts.
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