Most listings are in the $30's per square foot per year. The Melrose submarket is seeing a an increase in rates. In the last 3 months, the median rate rose $31 per sqft per year.
Compared to the rest of the Greater Boston market, the Melrose region has higher rates, and you'll need to pay a premium to be in this hot region.
In the last 90 days, 4 listings have been posted online, which means listings most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. 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 2,000 sqft. Most buildings in this area were built in 2013 and are Class A.
Real time and historical data on commercial real estate listings in Melrose.
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