On average, listings lease in the $20's per square foot per year. The Framingham region is experiencing a decrease in rates. In the last 3 months, the median rate fell $3 per sqft per year. That's a 10% decrease in rent.
Compared to the rest of the Greater Boston market, the Framingham submarket has higher rates, and you'll need to pay a premium to be in this hot region.
In the last 90 days, 31 listings have been listed, which means listings might be going fast. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,800 sqft. Most buildings in this market are approximately 3 floors. Most buildings in this market were built in 1982 and are Class A.