Springfield, MA Office Units for Lease
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Springfield, MA Office Units Lease Rates & Market Statistics
Explore 49 Office Units for lease in Springfield, MA on Realmo, a commercial real estate exchange covering the Springfield area. The current inventory totals 533,590 square feet of properties — an average of ~10,900 SF per listing.
Asking lease rates for Office Units in Springfield start at $11 SF/Yr, average $17.81 SF/Yr, and reach $24 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 $17.81 SF/Yr is 37% below the Massachusetts state average of $28.15 SF/Yr.
Springfield accounts for 29% of the 171 office units currently available across Hampden County, where nearby markets include Westfield and West Springfield. Office Units make up 80% of the 61 Office Spaces currently for lease in Springfield, with asking rates in line with the citywide Office Spaces average. Also worth a look for tenants weighing alternatives: Office buildings (9 listings) and Medical Office Space (6 listings) elsewhere in the Springfield market.