Massachusetts Sublease

101 Federal St Unit 18th Floor
Downtown, Boston,
186 Alewife Brook Pkwy Floor 2
Cambridge Highlands, Cambridge, MA

Massachusetts

Office Space Market Report

Number of Listings (last 90 days)
2,200
Median Rate ($/sqft/yr)
$25
Median Size (sqft)
3,600
As of: June 26, 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 an increase in rates. In the last 3 months, the median rate increased $25 per sqft per year.

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 45% of the available leases in the Massachusetts are subleases, so you might be able to find a shorter term or below market rent. 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 3,690 sqft, there are still 0 leases below 2,000 sqft. Most properties in this market are around 2 stories. Most buildings in this market were built in 1974 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