On average, listings lease in the $30's per square foot per year. The Cowesett submarket is seeing a an increase in rates. In the last 3 months, the median rate increased $7 per sqft per year. That's a 28% rise in rent.
Compared to the rest of the Greater Boston market, the Cowesett region has greater rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 42 listings have been listed, so you'll want to check back regularly for new listings. About 21% of the available leases in the Cowesett are subleases, so you might be able to find a shorter term or below market rent. 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 2,000 sqft. Most buildings in this area are close to 2 stories. Most buildings in this market were built in 1978 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Information is the dominant industry in this region. Commute by walking is the most popular way to get to work amongst Cowesett folk. Commuting under 5 minutes a day is the norm for those who opt to reside in this part of town.
Real time and historical data on commercial real estate listings in Cowesett.
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