Proctor Office Space

Proctor

Office Space Market Report

Number of Listings (last 90 days)
8
Median Rate ($/sqft/yr)
$33
Median Size (sqft)
3,700
As of: May 26, 2017

Proctor Rates

Most listings are in the $30's per square foot per year. The Proctor region is going through a a rise in rates. In the last 3 months, the median rate rose $8 per sqft per year. That's a 32% increase in rent.

Compared to the rest of the Greater Boston market, the Proctor region has more expensive rates, and you'll have to negotiate above asking rent to be in this hot submarket.

Proctor Listing Supply

In the last 90 days, 8 listings have been posted online, which means new availabilities are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. 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 3,700 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this area were built in 1986 and are Class B.

Proctor Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Health care is the dominant industry in this area. Commute by taxi is the most popular way to get to work amongst Proctor residents. Commuting approximately 20 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 Proctor.
Market Report

Market Data

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