Wooster Square - Mill River Industrial

Wooster Square - Mill River

Office Space Market Report

Number of Listings (last 90 days)
5
Median Rate ($/sqft/yr)
$19
Median Size (sqft)
1,000
As of: July 23, 2017

Wooster Square - Mill River Rates

On average, listings lease in the $10's per square foot per year. The Wooster Square - Mill River submarket is experiencing a a rise in rates. In the last 3 months, the median rate went up $1 per sqft per year. That's a 4% increase in rent.

Wooster Square - Mill River Listing Supply

In the last 90 days, 5 listings have been made available, which means new listings most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 100% of the office spaces in the Wooster Square - Mill River 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 available, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,000 sqft. Most properties in this area are approximately 1 floors. Most buildings in this area were built in 1964 and are Class B.

Wooster Square - Mill River 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 area. Commute by car is the most popular way to get to work amongst Wooster Square - Mill River folk. Commuting close to an hour and a half a day is the norm for those who opt to reside in this part of town.

Market Report

Trends and status of the commercial real estate market in Wooster Square - Mill River.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Wooster Square - Mill River.
Research