Burlington Office Space

Burlington

Office Space Market Report

Number of Listings (last 90 days)
23
Median Rate ($/sqft/yr)
$26
Median Size (sqft)
4,970
As of: March 29, 2017

Burlington Rates

Most listings are in the $30's per square foot per year. The Burlington submarket is seeing a a rise in rates. In the last 3 months, the median rate rose $7 per sqft per year. That's a 28% increase in rent.

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

Burlington Listing Supply

In the last 90 days, 23 listings have been made available, which means office spaces are probably going fast. You'll want to be prepared to tour spaces as quick as possible. About 9% of the available leases in the Burlington 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 available, so finding a space for a small business might be tough.

Even though the median size is 5,300 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this area are approximately 3 stories. Most buildings in this region were built in 1984 and are Class A.

Burlington Community

Market Report

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

Market Data

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

Burlington Submarkets