Franklin Town Sublease

Franklin Town

Office Space Market Report

Number of Listings (last 90 days)
30
Median Rate ($/sqft/yr)
$48
Median Size (sqft)
3,000
As of: May 22, 2017

Franklin Town Rates

The typical asking rate per listing is in the $40's per square foot per year. The Franklin Town region is experiencing a a rise in rates. In the last 3 months, the median rate went up $21 per sqft per year. That's a 80% rise in rent.

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

Franklin Town Listing Supply

In the last 90 days, 30 listings have been listed, which means listings are probably going fast. You'll want to be prepared to tour spaces as quick as possible. About 3% of the available space in the Franklin Town are subleases, so you will probably have to consider a longer term 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.

Even though the median size is 3,000 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this area are approximately 2 floors. Most buildings in this market were built in 1989 and are Class A.

Franklin Town Community

Market Report

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

Market Data

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