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On average, commerial real estate listings lease in the $10's per square foot per year. The Milford submarket is seeing a decline in rates. In the last 3 months, the median rate for lease decreased $5 per sqft per year.
Compared to the rest of the Greater Boston commercial real estate market, the Milford submarket has less expensive rates, so you should have no trouble finding a great deal in this depreciated region.
In the last 90 days, 35 commercial real estate listings have been posted online, which means new listings 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 posted, so finding a space for a small business might be tough.
The standard size for office space in this area is around 450 sqft. Most properties in this market are approximately 2 floors. Most buildings in this market were built around 1980 and are Class A.
Real time and historical data on commercial real estate listings in Milford.
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