Somerville Office Space


Office Space Market Report

Number of Listings (last 90 days)
Median Size (sqft)
As of: October 21, 2016

Somerville Rates

Most listings are in the $0's per square foot per year. The Somerville submarket is going through a decline in rates. In the last 3 months, the median rate decreased $33 per sqft per year. That's a 100% decline in rent.

Somerville Listing Supply

In the last 90 days, 3 listings have been posted online, which means office spaces are probably leasing quickly. You'll want to be prepared to make an offer immediately. 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 1,180 sqft. Most buildings in this region are approximately 4 stories. Most buildings in this market were built in 1989 and are Class B.

Somerville Community

Market Report

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

Market Data

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

Somerville Submarkets