Burlington Sublease

Burlington

Office Space Market Report

Number of Listings (last 90 days)
23
Median Rate ($/sqft/yr)
$33
Median Size (sqft)
7,390
As of: May 25, 2017

Burlington Rates

The typical asking rate per listing is in the $30's per square foot per year. The Burlington region is seeing a a rise in rates. In the last 3 months, the median rate increased $8 per sqft per year. That's a 29% increase in rent.

Compared to the rest of the Greater Boston market, the Burlington submarket has greater rates, and you'll need to pay a premium to be in this hot submarket.

Burlington Listing Supply

In the last 90 days, 23 listings have been made available, which means spaces are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 13% of the listings in the Burlington 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 7,390 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this region are around 3 floors. Most buildings in this area were built in 1985 and are Class A.

Burlington Community

Market Report

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

Market Data

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

Burlington Submarkets