Franklin Town Office Space

Franklin Town

Office Space Market Report

Number of Listings (last 90 days)
30
Median Rate ($/sqft/yr)
$48
Median Size (sqft)
3,000
As of: May 22, 2017

Franklin Town Rates

The typical asking rate per listing is in the $40's per square foot per year. The Franklin Town submarket is seeing a a rise in rates. In the last 3 months, the median rate increased $21 per sqft per year. That's a 80% increase in rent.

Compared to the rest of the Greater Boston market, the Franklin Town submarket has more expensive rates, and you'll need to make a great offer to be in this hot region.

Franklin Town Listing Supply

In the last 90 days, 30 listings have been posted online, which means new availabilities are probably leasing quickly. You'll want to be prepared to make an offer immediately. About 3% of the office spaces in the Franklin Town are subleases, so you will probably have to consider a longer term lease. 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 3,000 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this region are around 2 stories. Most buildings in this market were built in 1989 and are Class A.

Franklin Town Community

Market Report

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

Market Data

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