North Cambridge Retail

North Cambridge

Office Space Market Report

Number of Listings (last 90 days)
6
Median Rate ($/sqft/yr)
$50
Median Size (sqft)
10,580
As of: June 22, 2017

North Cambridge Rates

On average, listings lease in the $50's per square foot per year. The North Cambridge submarket is seeing a a boost in rates. In the last 3 months, the median rate increased $50 per sqft per year.

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

North Cambridge Listing Supply

In the last 90 days, 6 listings have come on the market, which means spaces might be going fast. You'll want to be prepared to make an offer immediately. About 17% of the office spaces in the North Cambridge 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 posted, so finding a space for a small business might be tough.

Even though the median size is 4,730 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this market are approximately 4 stories. Most buildings in this area were built in 1984 and are Class A.

North Cambridge Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Construction is the dominant industry in this market. Commute by motorcycle is the most popular way to get to work amongst North Cambridge folk. Commuting between 30 and 45 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 Cambridge.
Market Report

Market Data

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