Cambridge Office Space

186 Alewife Brook Pkwy Floor 2
Cambridge Highlands, Cambridge, MA

Cambridge

Office Space Market Report

Number of Listings (last 90 days)
32
Median Rate ($/sqft/yr)
$86
Median Size (sqft)
5,230
As of: June 24, 2017

Cambridge Rates

Most listings are in the $80's per square foot per year. The Cambridge region is seeing a a boost in rates. In the last 3 months, the median rate increased $86 per sqft per year.

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

Cambridge Listing Supply

In the last 90 days, 32 listings have come on the market, which means leases might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 56% of the available space in the Cambridge 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 5,230 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this region are around 5 stories. Most buildings in this area were built in 1970 and are Class A.

Cambridge Community

Market Report

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

Market Data

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