Wayland Industrial

Wayland

Market Report

Number of Listings
Posted in the last 90 days
1
Median Rate ($/sqft/yr)
$21
Median Size (sqft)
600

Wayland Rates

Most listings are in the $20's per square foot per year. The Wayland region is experiencing a decline in rates. In the last 3 months, the median rate decreased $4 per sqft per year. That's a 18% decline in rent.

Compared to the rest of the Greater Boston market, the Wayland submarket has less expensive rates, so you should have no trouble finding a great deal in this discounted region.

Wayland Listing Supply

In the last 90 days, 19 listings have been posted online, which means new availabilities are probably leasing quickly. You'll want to be prepared to make an offer immediately. About 21% of the available leases in the Wayland are subleases, so you might be able to snag a great spot on a short term. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 600 sqft. Most buildings in this market are around 2 stories. Most buildings in this region were built in 1941 and are Class B.

Wayland Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Manufacturing is the dominant industry in this market. Commute by walking is the most popular way to get to work amongst Wayland occupants. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.

Market Data

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