Burlington Office Space

Burlington

Office Space Market Report

Number of Listings (last 90 days)
23
Median Rate ($/sqft/yr)
$34
Median Size (sqft)
6,840
As of: August 20, 2017

Burlington Rates

Most listings are in the $30's per square foot per year. The Burlington submarket is seeing a decline in rates. In the last 3 months, the median rate fell $9 per sqft per year. That's a 20% decrease in rent.

Compared to the rest of the Greater Boston market, the Burlington region has higher 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 new availabilities are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 57% of the available leases 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 on the market, so finding a space for a small business might be tough.

Even though the median size is 6,840 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this area are around 3 stories. Most buildings in this market were built in 1985 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