Concord Industrial

Concord

Office Space Market Report

Number of Listings (last 90 days)
121
Median Rate ($/sqft/yr)
$38
Median Size (sqft)
400
As of: July 22, 2017

Concord Rates

The typical asking rate per listing is in the $30's per square foot per year. The Concord region is seeing a a rise in rates. In the last 3 months, the median rate went up $8 per sqft per year. That's a 28% rise in rent.

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

Concord Listing Supply

In the last 90 days, 121 listings have come on the market, so you'll want to check back regularly for new listings. About 23% of the office spaces in the Concord 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.

The standard measurement for office space in this area is around 400 sqft. Most buildings in this region are close to 2 floors. Most buildings in this region were built in 1924 and are Class Class B.

Concord Community

Market Report

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

Market Data

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