North Common Retail

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North Common

Office Space Market Report

Number of Listings (last 90 days)
30
Median Rate ($/sqft/yr)
$21
Median Size (sqft)
1,350
As of: February 23, 2017

North Common Rates

On average, listings lease in the $20's per square foot per year. The North Common submarket is seeing a decline in rates. In the last 3 months, the median rate fell $136 per sqft per year. That's a 87% decline in rent.

Compared to the rest of the Greater Boston market, the North Common submarket has lower rates, so you should have no trouble finding a great deal in this depreciated submarket.

North Common Listing Supply

In the last 90 days, 29 listings have been listed, which means office spaces might be going fast. 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 1,350 sqft. Most buildings in this market are close to 6 stories. Most buildings in this market were built in 1903 and are Class C.

North Common Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Utilities is the dominant industry in this market. Most of the occupants of North Common work from home. Commuting close to an hour 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 Common.
Market Report

Market Data

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