Salem Sublease

Salem

Office Space Market Report

Number of Listings (last 90 days)
91
Median Rate ($/sqft/yr)
$16
Median Size (sqft)
1,200
As of: June 28, 2017

Salem Rates

The typical asking rate per listing is in the $10's per square foot per year. The Salem submarket is experiencing a a rise in rates. In the last 3 months, the median rate increased $16 per sqft per year.

Salem Listing Supply

In the last 90 days, 91 listings have come on the market, so you'll want to check back regularly for new listings. About 48% of the available space in the Salem are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet on the market, 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 around 2 stories. Most buildings in this region were built in 1984 and are Class A.

Salem Community

Market Report

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

Market Data

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