Framingham Industrial

Framingham

Office Space Market Report

Number of Listings (last 90 days)
31
Median Rate ($/sqft/yr)
$16
Median Size (sqft)
920
As of: July 23, 2017

Framingham Rates

The typical asking rate per listing is in the $10's per square foot per year. The Framingham region is experiencing a decrease in rates. In the last 3 months, the median rate fell $9 per sqft per year. That's a 37% decrease in rent.

Compared to the rest of the Greater Boston market, the Framingham submarket has smaller rates, so you should have no trouble finding a great deal in this depreciated submarket.

Framingham Listing Supply

In the last 90 days, 31 listings have been posted online, which means listings most likley are leasing quickly. You'll want to be prepared to make an offer immediately. About 39% of the office spaces in the Framingham 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 posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 920 sqft. Most buildings in this area are approximately 3 floors. Most buildings in this market were built in 1982 and are Class A.

Framingham Community

Market Report

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

Market Data

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