Franklin Town Office Space

Franklin Town

Office Space Market Report

Number of Listings (last 90 days)
30
Median Rate ($/sqft/yr)
$21
Median Size (sqft)
3,000
As of: June 23, 2017

Franklin Town Rates

Most listings are in the $20's per square foot per year. The Franklin Town region is experiencing a a boost in rates. In the last 3 months, the median rate rose $26 per sqft per year.

Compared to the rest of the Greater Boston market, the Franklin Town region has greater rates, and you'll need to pay a premium to be in this hot region.

Franklin Town Listing Supply

In the last 90 days, 30 listings have been made available, which means leases are probably going fast. You'll want to be prepared to make an offer immediately. About 57% of the office spaces in the Franklin Town are subleases, so you might be able to find a shorter term or below market rent. 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 3,000 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this market are approximately 2 stories. Most buildings in this region 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