Needham Industrial

We couldn't find any industrial spaces for Lease and Sublease

Needham

Office Space Market Report

Number of Listings (last 90 days)
9
Median Rate ($/sqft/yr)
$33
Median Size (sqft)
5,470
As of: December 2, 2016

Needham Rates

On average, listings lease in the $30's per square foot per year. The Needham submarket is experiencing a a rise in rates. In the last 3 months, the median rate increased $33 per sqft per year. That's a Inf% increase in rent.

Compared to the rest of the Greater Boston market, the Needham submarket has higher rates, and you'll need to make a great offer to be in this hot region.

Needham Listing Supply

In the last 90 days, 9 listings have come on the market, which means office spaces most likley are leasing quickly. You'll want to be prepared to make an offer immediately. About 11% of the office spaces in the Needham are subleases, so you might be able to snag a great spot on a short term. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

Even though the median size is 5,470 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this area are approximately 2 stories. Most buildings in this region were built in 1974 and are Class A.

Needham Community

Market Report

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

Market Data

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