Springfield, MA Industrial Properties for Lease
- Chicopee, MA
- West Springfield, MA
- Agawam, MA
- East Longmeadow, MA
- Holyoke, MA
- Ludlow, MA
- Wilbraham, MA
- Longmeadow, MA
Similar Spaces for Sale in Springfield, MA
Springfield, MA Industrial properties Lease Rates & Market Statistics
Explore 19 Industrial properties for lease in Springfield, MA on Realmo, a commercial real estate exchange covering the Springfield area. The current inventory totals 335,793 square feet of properties — an average of ~17,650 SF per listing.
Asking lease rates for Industrial properties in Springfield start at $6.25 SF/Yr, average $14.88 SF/Yr, and reach $34 SF/Yr at the top of the market. That's a 5x spread between entry-level and premium space, making side-by-side comparison of asking rents and lease terms essential. The local average of $14.88 SF/Yr is 6% below the Massachusetts state average of $15.90 SF/Yr.
Springfield accounts for 22% of the 87 industrial properties currently available across Hampden County, where nearby markets include Chicopee and Holyoke. By space type, the market includes 11 flex space listings and 6 other industrial properties — other industrial properties typically offer the lowest entry point, while flex space commands the highest rates.