Cambridge, Massachusetts, is a hub for technological innovation, making it an ideal location for a Commercial Real Estate Property For Lease. With prestigious educational institutions like Harvard University and MIT, the city has evolved into a center for education and technology, attracting major biotech and pharmaceutical companies. The city's infrastructure, including utilities like XFINITY and Eversource Energy, and public services like the Cambridge Fire Department and Cambridge Public Library, provide a solid foundation for businesses to thrive. Additionally, Cambridge's vibrant arts and culture scene, with various museums, public art installations, and cultural events, enriches the city's atmosphere, making it a great place for business and travel. The city's proximity to Logan International Airport and its accessibility to downtown Boston and western suburbs via the Commuter Rail and Red Line also make it an attractive location for businesses.
With 98 Commercial Real Estate Properties For Lease available in Cambridge, businesses have a range of options to choose from. These properties offer a unique opportunity to be part of a thriving community that is home to major corporations like Google, IBM Research, and Microsoft Research. In addition to Commercial Real Estate, Cambridge also offers Office Space, Coworking Space, Retail Space, and Industrial Space For Lease, providing a diverse range of options for businesses. For example, Office Space For Lease in Cambridge is ideal for companies that require a professional setting, while Coworking Space For Lease is perfect for startups and entrepreneurs. Retail Space For Lease is available in popular areas like Harvard Square and Central Square, while Industrial Space For Lease is suitable for companies that require warehouse or manufacturing facilities. With its unique blend of education, technology, and innovation, Cambridge is an ideal location for businesses to grow and thrive.
What factors should I consider when leasing commercial real estate?
When leasing commercial real estate in Cambridge, Massachusetts, there are several key factors to consider, including:
- Location and accessibility, with proximity to major transportation hubs like Porter station, Lechmere station, and Alewife, Porter, Harvard, Central, and Kendall Square/MIT stations, as well as major roads like Route 2, Route 16, and Route 28;
- The type and size of space needed, with available listings totaling 98 and average sizes ranging from 7,399 square feet to 61,011 square feet;
- The cost of rent, with an average annual rent of $42 USD per square foot, as well as any additional costs for utilities, maintenance, and amenities.
How do I determine the right size and type of commercial property to rent for my business needs?
When searching for the right commercial property to rent in Cambridge, it's essential to consider the specific needs of your business. To determine the ideal size and type of property, you'll want to assess factors such as the number of employees, required amenities, and desired location.
Currently, there are 98 available listings of commercial real estate for lease in Cambridge, offering a range of options to suit various business needs. You can find properties with average annual rent per square foot of $42 USD and average sizes of 7,399 square feet, with maximum space sizes reaching up to 61,011 square feet.
- Consider the type of business you operate and the necessary amenities, such as office space, warehouse facilities, or retail storefronts.
- Think about the location and its accessibility to your target market, employees, and transportation hubs like Porter station or Lechmere station.
- Assess your business's growth potential and whether the property can accommodate future expansion or changes in your operations.
