Wellington Office Space

Wellington

Office Space Market Report

Number of Listings (last 90 days)
1
Median Rate ($/sqft/yr)
$45
Median Size (sqft)
44,070
As of: August 18, 2017

Wellington Rates

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

Wellington Listing Supply

In the last 90 days, 1 listings have come on the market, which means leases most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 500% of the listings in the Wellington are subleases, so you might be able to sign a shorter term by taking over a previous 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 44,070 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this market are approximately 5 floors. Most buildings in this area were built in 1989 and are Class A.

Wellington Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Professional services is the dominant industry in this market. Commute by public transit is the most popular way to get to work amongst Wellington residents. 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 Wellington.
Market Report

Market Data

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