Massachusetts Industrial

70 Shawmut Rd Listing 541338
, MA
Rental Rate: Negotiable Space Available: 23,000 SF Office SF: 1000 SF Year Built: 1984 Property Type: Industrial Lot Size: 189,051 SF Property Sub-type: Flex Space Zoning Description: Commercial Building Size: 49,920 SF No. Parking Spaces: 79 Clear Ceiling Height: 22 ft. Lease Term: 60 Months Features - Cooling is available - Y - Heating is available - Y - Lighting is Available - Y Industrial office/warehouse with approximately 23,000 SF, +/- . Description This facility offers great flexibility to expand or establish your company's Head Quarters, a fully air conditioned office space with plenty of opportunity to expand. The current configured warehouse with mezzanine delivers approximately 23,00 SF +/- of storage space. Which can be utilized as a warehouse/manufacturing facility or upgraded to a true R&D/Flex facility. This space provides the key components for logistic support capabilities; Warehousing, Material Handling, and Vehicle and Transportation access. Meets the the top logistics planning phases of Strategic, Tactical and Operational. This space provides the key piece in your Supply Chain Strategy. Located off Dedham Street just off 95, near the 93/95 junction. Easy access to University Avenue's new retail amenities including Chipotle, Target, Nordstrom Rack, Marshalls, HomeGoods and more. Highlights Clear Ceiling Height 22 ft. Parking Ratio 2.06 / 1,000 SF 23,000 SF, Flex/Warehouse/R&D Negotiable Rent Strategic Distribution Center Location Nimble warehousing configuration


Office Space Market Report

Number of Listings (last 90 days)
Median Rate ($/sqft/yr)
Median Size (sqft)
As of: October 25, 2016

Massachusetts Rates

The typical asking rate per listing is in the $20's per square foot per year. The Massachusetts submarket is seeing a a rise in rates. In the last 3 months, the median rate went up $5 per sqft per year. That's a 22% increase in rent.

Massachusetts Listing Supply

In the last 90 days, 713 listings have been posted online, so you'll want to check back regularly for new listings. About 4% of the office spaces in the Massachusetts are subleases, so you will probably need to consider the implications of signing a direct lease with the building. 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 5,100 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this region are around 3 floors. Most buildings in this area were built in 1973 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.