North Woburn Sublease

North Woburn

Office Space Market Report

Number of Listings (last 90 days)
16
Median Rate ($/sqft/yr)
$29
Median Size (sqft)
4,950
As of: July 23, 2017

North Woburn Rates

Most listings are in the $20's per square foot per year. The North Woburn submarket is going through a decrease in rates. In the last 3 months, the median rate decreased $9 per sqft per year. That's a 23% decline in rent.

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

North Woburn Listing Supply

In the last 90 days, 16 listings have come on the market, which means spaces most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 13% of the available space in the North Woburn 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 available, so finding a space for a small business might be tough.

Even though the median size is 4,950 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this region are around 7 floors. Most buildings in this region were built in 1999 and are Class B.

North Woburn Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Public administration is the dominant industry in this market. Commute by public transit is the most popular way to get to work amongst North Woburn folk. Commuting under 5 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 Woburn.
Market Report

Market Data

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