Salem Industrial

Salem

Office Space Market Report

Number of Listings (last 90 days)
91
Median Rate ($/sqft/yr)
$25
Median Size (sqft)
1,500
As of: July 27, 2017

Salem Rates

On average, listings lease in the $10's per square foot per year. The Salem submarket is going through a an increase in rates. In the last 3 months, the median rate rose $1 per sqft per year. That's a 5% increase in rent.

Salem Listing Supply

In the last 90 days, 91 listings have been made available, so you'll want to check back regularly for new listings. About 52% of the available space in the Salem are subleases, so you might be able to find a shorter term or below market rent. 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 1,190 sqft. Most properties in this region are approximately 2 floors. Most buildings in this market were built in 1984 and are Class A.

Salem Community

Market Report

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

Market Data

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