Office Spaces for Rent in 01938
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01938 Office Inventory Breakdown
There are a number of factors that make a city attractive for businesses to relocate or expand, as well as for investors to enhance their portfolios through local acquisitions. Among the most important factors to consider are the size and quality of the local office market, which is an essential component of the local economy.
Total Office Space in Massachusetts: 574,939 Sq. Ft.
In 2024 the Massachusetts office market encompassed 574,939 square feet of space.
Class A office space makes up a 50.64% share of Massachusetts office inventory, while Class B office assets represent roughly 34.79% of the market total.
Class A office space makes up a 50.64% share of Massachusetts office inventory, while Class B office assets represent roughly 34.79% of the market total.
| Building Size Range | Total Square Feet | Share of Total Office |
|---|---|---|
| 50k to 100k Sq. Ft. | 83,800 Sq. Ft. | 14.58% |
| 100k to 500k Sq. Ft. | 491,139 Sq. Ft. | 85.42% |
| Class | Total Square Feet | Share of Total Office |
|---|---|---|
| Class A | 291,139 Sq. Ft. | 50.64% |
| Class B | 200,000 Sq. Ft. | 34.79% |
| Class C | 83,800 Sq. Ft. | 14.58% |
Data was provided by CommercialEdge, refers to properties larger than 50,000 square feet.
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