Somerville, MA Office Spaces for Lease
- Cambridge, MA
- Boston, MA
- Medford, MA
- Everett, MA
Somerville, MA Office Spaces Lease Rates & Market Statistics
Explore 48 Office Spaces for lease in Somerville, MA on Realmo, a commercial real estate exchange covering the Somerville area. The current inventory totals 217,020 square feet of properties — an average of ~4,500 SF per listing.
Office Spaces lease rates in Somerville range from $15.20 SF/Yr at the entry level to $55 SF/Yr at the top of the market, averaging $36.81 SF/Yr. That's a 4x spread between entry-level and premium space, making side-by-side comparison of asking rents and lease terms essential. The local average of $36.81 SF/Yr is 36% above the Massachusetts state average of $27.09 SF/Yr.
Somerville accounts for 3% of the 1,460 office spaces currently available across Middlesex County, where nearby markets include Cambridge and Waltham. By space type, the market includes 38 office units and 8 office buildings.