Worcester Sublease

Worcester

Office Space Market Report

Number of Listings (last 90 days)
12
Median Rate ($/sqft/yr)
$21
Median Size (sqft)
1,150
As of: May 22, 2017

Worcester Rates

The typical asking rate per listing is in the $20's per square foot per year. The Worcester submarket is going through a an increase in rates. In the last 3 months, the median rate increased $3 per sqft per year. That's a 14% increase in rent.

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

Worcester Listing Supply

In the last 90 days, 12 listings have been posted online, which means new availabilities most likley are 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 1,150 sqft. Most properties in this market are around 1 stories. Most buildings in this market were built in 1986 and are Class A.

Worcester Community

Market Report

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

Market Data

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