Springfield, MA Industrial Properties for Lease
- Chicopee, MA
- West Springfield, MA
- Agawam, MA
- East Longmeadow, MA
- Holyoke, MA
- Ludlow, MA
- Wilbraham, MA
- Longmeadow, MA
Industrial properties for Lease in Nearby Cities
Similar Spaces for Sale in Springfield, MA
Potential Development Sites for Consideration
Springfield, MA Industrial properties Lease Rates & Market Statistics
Explore 15 Industrial properties for lease in Springfield, MA on Realmo, a commercial real estate exchange covering the Springfield area. The current inventory totals 306,192 square feet of properties — an average of ~20,400 SF per listing.
Asking lease rates for Industrial properties in Springfield start at $6.25 SF/Yr, average $11.05 SF/Yr, and reach $14 SF/Yr at the top of the market. Pricing across the market is relatively uniform, which simplifies like-for-like comparison between listings. The local average of $11.05 SF/Yr is 32% below the Massachusetts state average of $16.19 SF/Yr.
Springfield accounts for 20% of the 74 industrial properties currently available across Hampden County, where nearby markets include Chicopee and Holyoke. By space type, the market includes 9 flex space listings and 4 other industrial properties — other industrial properties typically offer the lowest entry point, while flex space commands the highest rates.