Compared to the rest of the Greater Boston market, the Newmarket submarket has greater rates, and you'll have to negotiate above asking rent to be in this hot region.
In the last 90 days, 15 listings have come on the market, which means leases most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. About 20% of the office spaces in the Newmarket are subleases, so you might be able to sign a shorter term by taking over a previous lease. 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 1,220 sqft. Most properties in this market are close to 3 floors. Most buildings in this region were built in 1950 and are Class C.
Real time and historical data on commercial real estate listings in Newmarket.
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