Burlington Office Space

Burlington

Office Space Market Report

Number of Listings (last 90 days)
18
Median Rate ($/sqft/yr)
$42
Median Size (sqft)
7,730
As of: December 2, 2016

Burlington Rates

The typical asking rate per listing is in the $40'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 $42 per sqft per year. That's a Inf% increase in rent.

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

Burlington Listing Supply

In the last 90 days, 18 listings have been listed, which means new listings most likley are leasing quickly. You'll want to be prepared to make an offer immediately. About 33% of the available space in the Burlington 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 posted, so finding a space for a small business might be tough.

Even though the median size is 7,730 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this area are approximately 3 floors. Most buildings in this market 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