Massachusetts Industrial

Massachusetts

Office Space Market Report

Number of Listings (last 90 days)
2,200
Median Rate ($/sqft/yr)
$25
Median Size (sqft)
3,300
As of: August 21, 2017

Massachusetts Rates

The typical asking rate per listing is in the $20's per square foot per year. The Massachusetts submarket is going through a an increase in rates. In the last 3 months, the median rate rose $0 per sqft per year. That's a 0% increase in rent.

Massachusetts Listing Supply

In the last 90 days, 2200 listings have been posted online, so you'll want to check back regularly for new listings. About 34% of the office spaces in the Massachusetts 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 posted, so finding a space for a small business might be tough.

Even though the median size is 3,370 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this region are close to 2 floors. Most buildings in this area were built in 1974 and are Class A.

Massachusetts Community

Market Report

Trends and status of the commercial real estate market in Massachusetts.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Massachusetts.
Research