Wakefield Sublease

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Wakefield

Office Space Market Report

Number of Listings (last 90 days)
11
Median Rate ($/sqft/yr)
$36
Median Size (sqft)
16,000
As of: December 5, 2016

Wakefield Rates

On average, listings lease in the $30's per square foot per year. The Wakefield submarket is going through a a rise in rates. In the last 3 months, the median rate rose $36 per sqft per year. That's a Inf% increase in rent.

Compared to the rest of the Greater Boston market, the Wakefield region has more expensive rates, and you'll have to negotiate above asking rent to be in this hot region.

Wakefield Listing Supply

In the last 90 days, 11 listings have been listed, which means office spaces most likley are going fast. You'll want to be prepared to make an offer immediately. 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 16,000 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 market were built in 1983 and are Class A.

Wakefield Community

Market Report

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

Market Data

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

Wakefield Submarkets