Gloucester Industrial Space For Lease

Gloucester

Market Report

Number of Listings For Lease
Posted in the last 90 days
0
Median Rate ($/sqft/yr)
$18
Median Size (sqft)
1,480

Gloucester Commercial Real Estate

Find Gloucester commercial real estate for sale and for lease on 42Floors, the commercial real estate search engine. Listings cover all types of properties including Retail, Office Space, Industrial, Medical and much more. Learn about Gloucester commercial real estate trends in 42Floors Research. Learn tips, tricks, and jargon about leasing or buying commercial real estate in 42Floors EDU.

Gloucester Rates

Most commerial real estate listings for lease are in the $10's per square foot per year. The Gloucester submarket is experiencing a a rise in rates. In the last 3 months, the median rate for lease went up $18 per sqft per year.

Compared to the rest of the Greater Boston commercial real estate market, the Gloucester region has smaller rates, so you should have no trouble finding a great deal in this undervalued submarket.

Gloucester Listing Supply

In the last 90 days, 12 commercial real estate listings have been listed, which means listings are probably going fast. You'll want to be prepared to tour spaces as quick as possible. About 8% of the commercial real estate listings in the Gloucester are subleases, so you will probably need to consider the implications of signing a direct lease with the building. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

The standard size for office space in this area is around 1,480 sqft. Most buildings in this market are close to 1 stories. Most buildings in this region were built close to 2008.

Gloucester Community

Market Data

Real time and historical data on commercial real estate listings in Gloucester.
Research