Downtown Woburn Office Space

Downtown Woburn

Office Space Market Report

Number of Listings (last 90 days)
Median Rate ($/sqft/yr)
Median Size (sqft)
As of: October 20, 2016

Downtown Woburn Rates

The typical asking rate per listing is in the $20's per square foot per year. The Downtown Woburn submarket is seeing a an increase in rates. In the last 3 months, the median rate increased $21 per sqft per year. That's a Inf% increase in rent.

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

Downtown Woburn Listing Supply

In the last 90 days, 3 listings have been made available, which means leases 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 available, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,750 sqft. Most buildings in this region were built in 1971 and are Class B.

Downtown Woburn 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 region. Commute by car is the most popular way to get to work amongst Downtown Woburn residents. Commuting between 20 and 25 minutes a day is the norm for those who opt to reside in this part of town.