Lynn Industrial

Lynn

Office Space Market Report

Number of Listings (last 90 days)
8
Median Rate ($/sqft/yr)
$21
Median Size (sqft)
4,840
As of: July 27, 2017

Lynn Rates

Most listings are in the $20's per square foot per year. The Lynn region is experiencing a decline in rates. In the last 3 months, the median rate fell $11 per sqft per year. That's a 33% decrease in rent.

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

Lynn Listing Supply

In the last 90 days, 8 listings have been posted online, which means new listings are probably going fast. You'll want to be prepared to tour spaces as quick as possible. About 25% of the available leases in the Lynn 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 available, so finding a space for a small business might be tough.

Even though the median size is 4,840 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this market are close to 5 floors. Most buildings in this area were built in 1968 and are Class B.

Lynn Community

Market Report

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

Market Data

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