Somerville, MA Office Units for Lease
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Somerville, MA Office Units Lease Rates & Market Statistics
Explore 34 Office Units for lease in Somerville, MA on Realmo, a commercial real estate exchange covering the Somerville area. The current inventory totals 126,340 square feet of properties — an average of ~3,700 SF per listing.
Office Units 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 $35.66 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 $35.66 SF/Yr is 27% above the Massachusetts state average of $28.16 SF/Yr.
Somerville accounts for 4% of the 826 office units currently available across Middlesex County, where nearby markets include Cambridge and Malden. Office Units make up 89% of the 38 Office Spaces currently for lease in Somerville, with asking rates in line with the citywide Office Spaces average. Tenants comparing options may also consider Coworking space (3 listings) elsewhere in the Somerville market.