Millpond Sublease

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Millpond

Office Space Market Report

Number of Listings (last 90 days)
1
Median Rate ($/sqft/yr)
$22
Median Size (sqft)
1,200
As of: June 22, 2017

Millpond Rates

On average, listings lease in the $20's per square foot per year. The Millpond submarket is going through a a rise in rates. In the last 3 months, the median rate went up $22 per sqft per year.

Millpond Listing Supply

In the last 90 days, 1 listings have been listed, which means new availabilities might be leasing quickly. You'll want to be prepared to make an offer immediately. About 300% of the listings in the Millpond are subleases, so you might be able to find a shorter term or below market rent. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,200 sqft. Most properties in this market are approximately 2 stories. Most buildings in this region were built in 2001 and are Class B.

Millpond Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Education is the dominant industry in this market. Commute by car is the most popular way to get to work amongst Millpond folk. Commuting approximately 15 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 Millpond.
Market Report

Market Data

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