Westborough Office Space

Westborough

Office Space Market Report

Number of Listings (last 90 days)
2
Median Rate ($/sqft/yr)
$26
Median Size (sqft)
3,470
As of: July 27, 2017

Westborough Rates

The typical asking rate per listing is in the $20's per square foot per year. The Westborough region is seeing a decrease in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 3% decrease in rent.

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

Westborough Listing Supply

In the last 90 days, 2 listings have come on the market, which means office spaces are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 350% of the available space in the Westborough 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 available, so finding a space for a small business might be tough.

Even though the median size is 3,470 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this area were built in 1902 and are Class B.

Westborough Community

Market Report

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

Market Data

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