Most listings are in the $20's per square foot per year. The Franklin Town region is going through a decrease in rates. In the last 3 months, the median rate decreased $11 per sqft per year. That's a 27% decline in rent.
Compared to the rest of the Greater Boston market, the Franklin Town submarket has higher rates, and you'll need to pay a premium to be in this hot region.
In the last 90 days, 70 listings have been made available, so you'll want to check back regularly for new listings. About 7% of the office spaces in the Franklin Town are subleases, so you will probably have to consider a longer term lease. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 2,010 sqft. Most properties in this region are approximately 2 floors. Most buildings in this market were built in 1989 and are Class A.
Real time and historical data on commercial real estate listings in Franklin Town.
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