Salem Sublease

Salem

Office Space Market Report

Number of Listings (last 90 days)
91
Median Rate ($/sqft/yr)
$19
Median Size (sqft)
1,500
As of: May 22, 2017

Salem Rates

The typical asking rate per listing is in the $10's per square foot per year. The Salem region is seeing a decrease in rates. In the last 3 months, the median rate fell $4 per sqft per year. That's a 18% decline in rent.

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 1% of the available space in the Salem are subleases, so you will probably need to consider the implications of signing a direct lease with the building. 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 1,500 sqft. Most properties in this region are close to 2 floors. Most buildings in this market 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