North Cambridge Office Space

North Cambridge

Office Space Market Report

Number of Listings (last 90 days)
6
Median Rate ($/sqft/yr)
$50
Median Size (sqft)
4,730
As of: May 22, 2017

North Cambridge Rates

Most listings are in the $50's per square foot per year. The North Cambridge region is seeing a decline in rates. In the last 3 months, the median rate decreased $28 per sqft per year. That's a 36% decline in rent.

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

North Cambridge Listing Supply

In the last 90 days, 6 listings have been posted online, which means new listings are probably leasing quickly. You'll want to be prepared to make an offer immediately. 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 4,730 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this region are close to 4 stories. Most buildings in this area were built in 1984 and are Class A.

North Cambridge Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Construction is the dominant industry in this market. Commute by motorcycle is the most popular way to get to work amongst North Cambridge occupants. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.

Market Report

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

Market Data

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