In addition to preferred particularities of local culture, economy, and geography, businesses looking to expand or relocate also give great consideration to the size, variety, and quality of the commercial real estate in and around their city of interest.
Total Office Space in Springfield: 7,346,261 Sq. Ft.
In Springfield, the largest share of office space is in office properties sized 100k to 500k square feet. In terms of quality rating, you’ll find that 2,220,625 square feet of office space in Springfield is rated Class A. Office space rated Class B amount to 4,559,989 square feet.
Springfield Office Market Breakdown by Building Size
| Building Size Range |
Total Square Feet |
Share of Total Office |
| 50k to 100k Sq. Ft. |
1,651,656 Sq. Ft. |
22.48% |
| 100k to 500k Sq. Ft. |
1,868,348 Sq. Ft. |
25.43% |
| 500k to 1M Sq. Ft. |
1,299,683 Sq. Ft. |
17.69% |
| > 1M Sq. Ft. |
1,375,000 Sq. Ft. |
18.72% |
Springfield Office Market Breakdown by Building Quality Rating
| Class |
Total Square Feet |
Share of Total Office |
| Class A |
2,220,625 Sq. Ft. |
30.23% |
| Class B |
4,559,989 Sq. Ft. |
62.07% |
| Class C |
405,647 Sq. Ft. |
5.52% |
Data was provided by CommercialEdge, refers to properties larger than 50,000 square feet.
Total Industrial Space in Springfield: 6,215,181 Sq. Ft.
Springfield is home to an industrial real estate market that encompasses 6,215,181 square feet of space across 5 industrial properties of various use types, sizes, and quality ratings.
Springfield Industrial Market Breakdown by Building Size
| Building Size Range |
Total Square Feet |
Share of Total Industrial |
| 50k to 100k Sq. Ft. |
1,624,174 Sq. Ft. |
26.13% |
| 100k to 500k Sq. Ft. |
3,433,788 Sq. Ft. |
55.25% |
Springfield Industrial Market Breakdown by Building Quality Rating
| Class |
Total Square Feet |
Share of Total Industrial |
| Class A |
564,802 Sq. Ft. |
9.09% |
| Class B |
4,027,899 Sq. Ft. |
64.81% |
| Class C |
1,622,480 Sq. Ft. |
26.11% |
Data was provided by CommercialEdge, refers to industrial use properties larger than 50,000 square feet.
Total Retail Space in Springfield: 2,967,705 Sq. Ft.
The Springfield commercial real estate market includes 13 properties that are dedicated to retail use. The various types of retail space here account for 2,967,705 square feet of commercial property in Springfield.
Springfield Retail Market Breakdown by Building Size
| Building Size Range |
Total Square Feet |
Share of Total Retail |
| 50k to 100k Sq. Ft. |
329,177 Sq. Ft. |
11.09% |
| 100k to 500k Sq. Ft. |
1,813,528 Sq. Ft. |
61.11% |
| 500k to 1M Sq. Ft. |
825,000 Sq. Ft. |
27.8% |
Data was provided by CommercialEdge and refers to retail properties larger than 50,000 square feet.
483 Belmont Avenue, The X, Springfield, MAFor Lease
1676-1708 Main Street and 33 Gridiron Street, Metro Center, Springfield, MAFor Sale
510 Parker Street, Boston Road, Springfield, MAFor Sale
32 – 34 Hampden Street, Metro Center, Springfield, MAFor Sale
32 – 34 Hampden Street, Metro Center, Springfield, MAFor Lease
101 Wason Ave, Brightwood, Springfield, MAFor Lease
110 - 120 Maple Street, South End Springfield, Springfield, MAFor Lease
616 Boston Rd, Pine Point, Springfield, MAFor Sale
2 Medical Center Drive, Liberty Heights, Springfield, MAFor Sale
66-68 Fort Pleasant Ave & 120-122 Central St, Forest Park Heights, Springfield, MAFor Sale
1349-1355 Boston Road, Boston Road, Springfield, MAFor Sale
1 Federal Street, McKnight, Springfield, MAFor Lease
1 Allen St, East Forest Park, Springfield, MAFor Sale
110 - 120 Maple Street, South End Springfield, Springfield, MAFor Sale
2726 & 2734 Main Street, Memorial Square, Springfield, MAFor Sale
1400 Boston Road , Boston Road, Springfield, MAFor Lease
365 Cadwell Drive, East Springfield, Springfield, MAFor Lease
56-60 Fort Pleasant Ave , Forest Park Heights, Springfield, MAFor Sale
1205-1211 Boston Road, Boston Road, Springfield, MAFor Sale
1350 Main Street, Metro Center, Springfield, MAFor Lease
100 Wason Avenue, Brightwood, Springfield, MAFor Lease
18 Gaucher Street, Pine Point, Springfield, MAFor Lease
1500 Main Street 8th Floor, Springfield, MAServices
47-51 & 59 Fort Pleasant Ave, Forest Park Heights, Springfield, MAFor Sale
75 Market Street 3rd floor, Springfield, MA
572 St. James Ave, McKnight, Springfield, MAFor Sale
