Wooster Square - Mill River Sublease

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Wooster Square - Mill River

Office Space Market Report

Number of Listings (last 90 days)
5
Median Rate ($/sqft/yr)
$19
Median Size (sqft)
1,000
As of: July 19, 2017

Wooster Square - Mill River Rates

Most listings are in the $10's per square foot per year. The Wooster Square - Mill River region is seeing a a rise in rates. In the last 3 months, the median rate increased $1 per sqft per year. That's a 4% increase in rent.

Wooster Square - Mill River Listing Supply

In the last 90 days, 5 listings have been posted online, which means office spaces most likley are going fast. You'll want to be prepared to make an offer immediately. About 100% of the office spaces in the Wooster Square - Mill River 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 on the market, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,000 sqft. Most buildings in this area are close to 1 floors. Most buildings in this area were built in 1964 and are Class B.

Wooster Square - Mill River Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Manufacturing is the dominant industry in this market. Commute by car is the most popular way to get to work amongst Wooster Square - Mill River residents. Commuting approximately an hour and a half 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 Wooster Square - Mill River.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Wooster Square - Mill River.
Research