Lawrence Industrial

Lawrence

Office Space Market Report

Number of Listings (last 90 days)
50
Median Rate ($/sqft/yr)
$22
Median Size (sqft)
4,200
As of: June 22, 2017

Lawrence Rates

Most listings are in the $20's per square foot per year. The Lawrence region is experiencing a a rise in rates. In the last 3 months, the median rate rose $22 per sqft per year.

Compared to the rest of the Greater Boston market, the Lawrence region has less expensive rates, so you should have no trouble finding a great deal in this undervalued region.

Lawrence Listing Supply

In the last 90 days, 50 listings have come on the market, so you'll want to check back regularly for new listings. About 4% of the office spaces in the Lawrence are subleases, so you will probably have to consider a longer term lease. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

Even though the median size is 4,200 sqft, there are still 0 leases below 2,000 sqft. Most properties in this region are close to 2 floors. Most buildings in this region were built in 1905 and are Class C.

Lawrence Community

Market Report

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

Market Data

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