In 2022 the Wilmington, MA commercial real estate market totaled 1,918,663 square feet of office spaces, 434,865 square feet of office spaces with retail, and 7,591,502 square feet of industrial space.
Office Spaces
Total: 1,918,663 SF
Data provided by Yardi Matrix, properties over 50k SF, includes office with retail
By square footage range: |
50k to 100k SqFt |
494,994 SqFt |
25.8% of total office |
100k to 500k SqFt |
1,423,669 SqFt |
74.2% of total office |
By class: |
Class A |
226,610 SqFt |
11.81% of total office |
Class B |
1,529,740 SqFt |
79.73% of total office |
Class C |
162,313 SqFt |
8.46% of total office |
Class A office space holds a 11.81% share of the overall Wilmington, MA office market, while Class B office assets make up approximately 79.73%.
Industrial
Total: 7,591,502 SF
Data provided by Yardi Matrix, properties over 50k SF
By square footage range: |
50k to 100k SqFt |
2,237,778 SqFt |
29.48% of total industrial |
100k to 500k SqFt |
4,696,160 SqFt |
61.86% of total industrial |
500k to 1M SqFt |
657,564 SqFt |
8.66% of total industrial |
By class: |
Class A |
107,460 SqFt |
1.42% of total industrial |
Class B |
7,160,635 SqFt |
94.32% of total industrial |
Class C |
66,767 SqFt |
0.88% of total industrial |
There are 4,696,160 square feet of commercial real estate properties between 100k to 500k square feet, representing 61.86% of the Wilmington, MA industrial inventory. Class A assets total 107,460 square feet of industrial space, with an additional 7,160,635 square feet of Class B and 66,767 square feet of Class C properties.
Office Spaces with Retail
Total: 434,865 SF
Data provided by Yardi Matrix, properties over 50k SF
By square footage range: |
50k to 100k SqFt |
150,653 SqFt |
34.64% of total office with retail |
100k to 500k SqFt |
284,212 SqFt |
65.36% of total office with retail |