In 2022 the Framingham, MA commercial real estate market totaled 5,793,464 square feet of office spaces, 1,627,402 square feet of office spaces with retail, and 1,963,122 square feet of industrial space.
Office Spaces
Total: 5,793,464 SF
Data provided by Yardi Matrix, properties over 50k SF, includes office with retail
By square footage range: |
50k to 100k SqFt |
1,528,995 SqFt |
26.39% of total office |
100k to 500k SqFt |
2,863,539 SqFt |
49.43% of total office |
500k to 1M SqFt |
1,400,930 SqFt |
24.18% of total office |
By class: |
Class A |
1,802,884 SqFt |
31.12% of total office |
Class B |
3,789,380 SqFt |
65.41% of total office |
Class C |
103,000 SqFt |
1.78% of total office |
Roughly 24.18% of the total office space in Framingham, MA is comprised of properties between 500K to 1M square feet, and buildings between 50k to 100k square feet represent 26.39% of the office inventory.
Class A office space holds a 31.12% share of the overall Framingham, MA office market, while Class B office assets make up approximately 65.41%.
Industrial
Total: 1,963,122 SF
Data provided by Yardi Matrix, properties over 50k SF
By square footage range: |
50k to 100k SqFt |
579,821 SqFt |
29.54% of total industrial |
100k to 500k SqFt |
1,383,301 SqFt |
70.46% of total industrial |
By class: |
Class A |
128,888 SqFt |
6.57% of total industrial |
Class B |
1,609,599 SqFt |
81.99% of total industrial |
Class C |
224,635 SqFt |
11.44% of total industrial |
There are 1,383,301 square feet of commercial real estate properties between 100k to 500k square feet, representing 70.46% of the Framingham, MA industrial inventory. Class A assets total 128,888 square feet of industrial space, with an additional 1,609,599 square feet of Class B and 224,635 square feet of Class C properties.
Office Spaces with Retail
Total: 1,627,402 SF
Data provided by Yardi Matrix, properties over 50k SF
By square footage range: |
50k to 100k SqFt |
445,393 SqFt |
27.37% of total office with retail |
100k to 500k SqFt |
485,502 SqFt |
29.83% of total office with retail |
500k to 1M SqFt |
696,507 SqFt |
42.8% of total office with retail |