Massachusetts Retail

Massachusetts

Office Space Market Report

Number of Listings (last 90 days)
2,200
Median Rate ($/sqft/yr)
$22
Median Size (sqft)
2,000
As of: May 20, 2017

Massachusetts Rates

The typical asking rate per listing is in the $20's per square foot per year. The Massachusetts region is going through a decrease in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 4% decline in rent.

Massachusetts Listing Supply

In the last 90 days, 2200 listings have come on the market, so you'll want to check back regularly for new listings. About 2% of the listings in the Massachusetts are subleases, so you will probably have to consider a longer term lease. 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 2,000 sqft. Most properties in this market are around 3 stories. Most buildings in this market were built in 1975 and are Class A.

Massachusetts Community

Market Report

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

Market Data

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