Cambridge Office Space

186 Alewife Brook Pkwy Floor 2
Cambridge Highlands, Cambridge, MA
Office Sublet Spaces Now Available EcoLogic Development Fund is seeking a mission-compatible organization interested in subletting office space in our Cambridge headquarters. Rooms Three private and furnished offices are available. All offices include adjustable-height desks, chairs, and storage space. The offices feature doors for privacy, and can be accessed from the office’s main door without needing to pass other workstations. Office 1: (10’x12’/120 sq. ft.) Located next to main office entryway and across from kitchen, now comfortably accommodates two work stations. Office 2: (10’x10’/100 sq. ft.) Located near main office entryway, now accommodates one workstation. Office 3: (10’x10’/100 sq. ft.) Located near main office entryway, now accommodates one workstation. The three offices can be leased together at a rate of $2,750 per month. Please contact jkruskal@ecologic.org if you are interested in learning more about the offices, or if your organization would like to rent fewer offices at a lower rate. See pictures below Amenities • Full access to shared kitchen, including fridge, toaster oven, and microwave • Full access to office print station, including color printer and multifunction copier/scanner • Full access to secure in-office bike storage room • Scheduled access to a 12-seat conference room with projection/videoconferencing capabilities • Utilities and regular office supplies included • Height-adjustable (sitting-to-standing) wooden desk, adjustable chair included • Free on-site parking for employees and visitors • Weekly office cleaning service Location 186 Alewife Brook Parkway, Suite 214 (2nd floor), Cambridge, MA 02138 The office is conveniently located near the Alewife stop on the MBTA Red Line and multiple bus routes. The building features free, plentiful parking, including a separate lot for office employees. Nearby retail options include Staples, CVS, Eastern Bank, Bank of America, Whole Foods, Trader Joe’s, Panera Bread, Dunkin’ Donuts, Bon Me, and many more. The building is professionally managed and monitored. Office access outside of business hours requires a keycard swipe, and all building entrances feature security cameras. EcoLogic’s office was recently renovated and provides a comfortable and welcoming atmosphere for workers and guests. For more information, please contact Josh Kruskal at jkruskal@ecologic.org

Cambridge

Office Space Market Report

Number of Listings (last 90 days)
32
Median Rate ($/sqft/yr)
$51
Median Size (sqft)
2,410
As of: May 23, 2017

Cambridge Rates

On average, listings lease in the $50's per square foot per year. The Cambridge submarket is seeing a a boost in rates. In the last 3 months, the median rate went up $2 per sqft per year. That's a 3% increase in rent.

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 listings most likley are leasing quickly. You'll want to be prepared to make an offer immediately. About 9% of the office spaces in the Cambridge are subleases, so you will probably need to consider the implications of signing a direct lease with the building. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,910 sqft. Most buildings in this market are close to 5 floors. 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