Lawrence Sublease

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Lawrence

Office Space Market Report

Number of Listings (last 90 days)
50
Median Rate ($/sqft/yr)
$22
Median Size (sqft)
4,200
As of: July 21, 2017

Lawrence Rates

The typical asking rate per listing is in the $20's per square foot per year. The Lawrence region is experiencing a a boost in rates. In the last 3 months, the median rate increased $1 per sqft per year. That's a 7% rise in rent.

Compared to the rest of the Greater Boston market, the Lawrence submarket has less expensive rates, so you should have no trouble finding a great deal in this undervalued region.

Lawrence Listing Supply

In the last 90 days, 50 listings have been posted online, so you'll want to check back regularly for new listings. About 4% of the available space in the Lawrence are subleases, so you will probably need to consider the implications of signing a direct lease with the building. 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 4,200 sqft, there are still 0 leases below 2,000 sqft. Most properties in this region are approximately 2 floors. Most buildings in this region were built in 1905 and are Class C.

Lawrence Community

Market Report

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

Market Data

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