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    455 Grand Union Blvd Somerville, MA 02143

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    For Lease
    Contact for pricing

    126,000 SF office space for lease in Somerville, MA.

    Property size:
    30,590 SF
    Lot size:
    2.65 Acres

    Property Features for 455 Grand Union Blvd

    General Information

    Size
    30,590 SF
    Lot size
    2.65 Acres

    Source: JLL | Boston Agent Benjamin Coffin

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Class A Office Space Available

    Available for lease is 126,000 square feet of Class A office space, ready for occupancy in Q1 2021. The property is located in Assembly Row, which offers a corporate campus environment with direct access to I-93 and its own Orange Line T station. The location provides convenient access to Logan International Airport. Commuting time to downtown Boston from this location is shorter than from many Boston locations, saving an average of 20 minutes daily when traveling from north of Boston. Commuting time from the south shore is comparable to that of the Financial District, only two minutes longer over the Zakim Bridge during the morning rush. The property features open floor plans with reduced column penetrations to maximize office flexibility for offices, conference rooms, and nested open office areas. It also offers a superior urban core parking ratio of 2 spaces per 1,000 rentable square feet. The building is LEED Gold Core and Shell certified and equipped with medical-grade (MERV14) filters, providing 30% more fresh air than required by code. The floor-to-floor height is 13 feet 6 inches. The total property size is 30,590 square feet.
    Location Intelligence

    Current Use by Public Records

    Federal Realty Commercial Real Estate Agency Perficient, Inc. Business Management Consultant PUMA Corporate Office Corporate Office ChargePoint Charging Station Electric Vehicle Charging Station OFFICE Bld Corporate Office

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Somerville
    County
    Middlesex
    State
    Massachusetts
    Longitude
    -71.0802672
    Latitude
    42.3933382

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    FAQs

    What type of property is this?
    Office space - 126,000 SF office space for lease in Somerville, MA.
    Where is this office space located?
    The property is located at 455 Grand Union Blvd Somerville, MA.
    What are key features of this property?
    This property features: - Immediate access to I-93 and its own Orange Line T station, providing superior transportation options.; - Located in Assembly Row, a premier corporate campus location in Greater Boston.; - Saves an average of 20 commuting minutes daily compared to locations north of Boston.
    (617) 531-4100
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    Somerville, MA 02143
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    455 Grand Union Blvd Somerville, MA 02143
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