North Woburn Office Space

North Woburn

Office Space Market Report

Number of Listings (last 90 days)
16
Median Rate ($/sqft/yr)
$40
Median Size (sqft)
5,000
As of: March 12, 2017

North Woburn Rates

The typical asking rate per listing is in the $30's per square foot per year. The North Woburn region is experiencing a a boost in rates. In the last 3 months, the median rate went up $40 per sqft per year.

Compared to the rest of the Greater Boston market, the North Woburn submarket has greater rates, and you'll need to pay a premium to be in this hot submarket.

North Woburn Listing Supply

In the last 90 days, 16 listings have been listed, which means leases most likley are going fast. You'll want to be prepared to make an offer immediately. 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 5,000 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this market are approximately 7 stories. Most buildings in this area were built in 1999 and are Class B.

North Woburn Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Public administration is the dominant industry in this area. Commute by public transit is the most popular way to get to work amongst North Woburn folk. Commuting under 5 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 North Woburn.
Market Report

Market Data

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