Springfield, MA Commercial Inventory Breakdown
Office Spaces
Total: 5,875,218 SF
Data provided by Yardi Matrix, properties over 50k SF, includes office with retail
By square footage range:
- 50k to 100k SF: 1,492,187 SF / 25.4% of total office
- 100k to 500k SF: 1,708,348 SF / 29.08% of total office
- 500k to 1M SF: 1,299,683 SF / 22.12% of total office
- > 1M SF: 1,375,000 SF / 23.4% of total office
By class:
- Class A: 2,172,403 SF / 36.98% of total office
- Class B: 3,573,011 SF / 60.81% of total office
- Class C: 129,804 SF / 2.21% of total office
Top 10 Largest Office Buildings
in Springfield
| Office building | Address | Sqft | Year built |
|---|---|---|---|
| Mass Mutual Springfield North Campus Office Complex | 1295 State Street, 01111 | 1,375,000 | 1927 |
| Monarch Place | 1 Monarch Place, 01144 | 749,683 | 1985 |
| Tower Square | 1500 Main Street, 01103 | 550,000 | 1970 |
| Springfield Technology Park | 1 Federal Street, 01105 | 340,000 | 1996 |
| MassLive Building | 1350 Main Street, 01103 | 331,653 | 1980 |
| TD Bank Center | 1441 Main Street, 01103 | 217,498 | 1981 |
| 1550 Main | 1550 Main Street, 01103 | 130,000 | 2010 |
| 3640 Medical Arts & Conference Center | 3640 Main Street, 01107 | 129,996 | 1920 |
| Baystate Health - Administrative Offices | 280 Chestnut Street, 01199 | 126,360 | 1970 |
| Baystate High Street Health Center | 140 High Street, 01105 | 116,558 | 1976 |
Most Recently-Built Office Buildings
in Springfield
| Office building | Address | Sqft | Year built |
|---|---|---|---|
| Springfield Union Station | 55 Frank B. Murray Street, 01103 | 74,000 | 2017 |
| Mercy Medical Center - 175 Carew Street | 175 Carew Street, 01104 | 63,684 | 2014 |
| 101 Wason Avenue | 101 Wason Avenue, 01107 | 48,222 | 2013 |
| Baystate Children's Specialty Center | 50 Wason Avenue, 01199 | 73,904 | 2011 |
| 1550 Main | 1550 Main Street, 01103 | 130,000 | 2010 |
| 100 Wason Avenue | 100 Wason Avenue, 01107 | 102,787 | 2009 |
| BHN at Liberty Street | 417 Liberty Street, 01104 | 46,993 | 2003 |
| 300 Birnie Avenue | 300 Birnie Avenue, 01107 | 64,032 | 2002 |
| Whitcomb Building | 32 Hampden Street, 01103 | 28,890 | 1999 |
| 3500 & 3550 Main Street | 3550 Main Street, 01107 | 78,562 | 1998 |
Springfield Demographics
Population
- Total Population154,596
- Male Population(47.6 %) 73,557
- Female Population(52.4 %) 81,039
- Median Age33.00
Income/Financial
- Average Household Income$53,323
- Median Household Income$36,730
- Median Income Under 25$20,911
- Median Income 25-44$36,483
- Median Income 45-64$43,718
- Median Income Over 65$32,062