North Common Industrial

North Common

Office Space Market Report

Number of Listings (last 90 days)
29
Median Rate ($/sqft/yr)
$21
Median Size (sqft)
1,350
As of: January 22, 2017

North Common Rates

The typical asking rate per listing is in the $20's per square foot per year. The North Common region is seeing a a rise in rates. In the last 3 months, the median rate rose $21 per sqft per year.

Compared to the rest of the Greater Boston market, the North Common submarket has lower rates, so you should have no trouble finding a great deal in this undervalued submarket.

North Common Listing Supply

In the last 90 days, 29 listings have come on the market, which means new listings are probably going fast. You'll want to be prepared to tour spaces as quick as possible. 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 1,350 sqft. Most buildings in this market are close to 6 stories. Most buildings in this region were built in 1903 and are Class C.

North Common Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Utilities is the dominant industry in this area. Most of the occupants of North Common work from home. Commuting around an hour 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 North Common.
Market Report

Market Data

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