North Cambridge Sublease

North Cambridge

Office Space Market Report

Number of Listings (last 90 days)
6
Median Rate ($/sqft/yr)
$50
Median Size (sqft)
10,580
As of: June 28, 2017

North Cambridge Rates

On average, listings lease in the $50's per square foot per year. The North Cambridge submarket is going through a a rise in rates. In the last 3 months, the median rate increased $50 per sqft per year.

Compared to the rest of the Greater Boston market, the North Cambridge submarket has greater rates, and you'll need to make a great offer to be in this hot submarket.

North Cambridge Listing Supply

In the last 90 days, 6 listings have come on the market, which means spaces most likley are leasing quickly. You'll want to be prepared to make an offer immediately. About 33% of the available space in the North Cambridge are subleases, so you might be able to snag a great spot on a short term. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

Even though the median size is 10,580 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this market are close to 4 floors. Most buildings in this area were built in 1984 and are Class A.

North Cambridge Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Construction is the dominant industry in this market. Commute by motorcycle is the most popular way to get to work amongst North Cambridge folk. Commuting between 30 and 45 minutes 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 Cambridge.
Market Report

Market Data

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