Marblehead Industrial

Marblehead

Office Space Market Report

Number of Listings (last 90 days)
14
Median Rate ($/sqft/yr)
$24
Median Size (sqft)
730
As of: May 20, 2017

Marblehead Rates

Most listings are in the $20's per square foot per year. The Marblehead region is experiencing a decline in rates. In the last 3 months, the median rate fell $0 per sqft per year. That's a 2% decline in rent.

Compared to the rest of the Greater Boston market, the Marblehead region has more expensive rates, and you'll need to pay a premium to be in this hot submarket.

Marblehead Listing Supply

In the last 90 days, 14 listings have been listed, which means new availabilities are probably going fast. You'll want to be prepared to make an offer immediately. About 7% of the listings in the Marblehead are subleases, so you will probably need to sign a longer term lease with the landlord directly. 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 730 sqft. Most buildings in this region are close to 1 stories. Most buildings in this region were built in 1985 and are Class A.

Marblehead Community

Market Report

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

Market Data

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