Needham Retail

Needham

Office Space Market Report

Number of Listings (last 90 days)
6
Median Size (sqft)
6,170
As of: December 9, 2016

Needham Rates

On average, listings lease in the $0's per square foot per year. The Needham submarket is going through a decrease in rates. In the last 3 months, the median rate fell $33 per sqft per year. That's a 100% decrease in rent.

Needham Listing Supply

In the last 90 days, 7 listings have been posted online, which means office spaces most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 14% of the listings in the Needham 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 available, so finding a space for a small business might be tough.

Even though the median size is 6,170 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this market are around 2 stories. Most buildings in this region were built in 1974 and are Class A.

Needham Community

Market Report

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

Market Data

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