Most listings are in the $20's per square foot per year. The Wakefield region is seeing a a boost in rates. In the last 3 months, the median rate rose $21 per sqft per year.
Compared to the rest of the Greater Boston market, the Wakefield region has less expensive rates, so you should have no trouble finding a great deal in this undervalued submarket.
In the last 90 days, 31 listings have come on the market, which means new availabilities might be going fast. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,830 sqft. Most properties in this region are around 4 floors. Most buildings in this region were built in 1983 and are Class A.
Real time and historical data on commercial real estate listings in Wakefield.
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