Lowell Office Space

Lowell

Office Space Market Report

Number of Listings (last 90 days)
61
Median Rate ($/sqft/yr)
$21
Median Size (sqft)
1,200
As of: March 12, 2017

Lowell Rates

The typical asking rate per listing is in the $20's per square foot per year. The Lowell region is experiencing a decline in rates. In the last 3 months, the median rate decreased $9 per sqft per year. That's a 30% decrease in rent.

Compared to the rest of the Greater Boston market, the Lowell region has less expensive rates, so you should have no trouble finding a great deal in this undervalued submarket.

Lowell Listing Supply

In the last 90 days, 61 listings have come on the market, so you'll want to check back regularly for new listings. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,200 sqft. Most properties in this region are approximately 4 stories. Most buildings in this region were built in 1977 and are Class B.

Lowell Community

Market Report

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

Market Data

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