Springfield, Massachusetts, is a prime location for businesses seeking to establish a strong presence in the region, with a diverse economy and a rich history dating back to 1636. The city's Office Space for Lease offers a unique opportunity to tap into the local market, with its proximity to major transportation facilities, including Springfield Union Station, Bradley International Airport, and Interstate Highways I-90 and I-91. Additionally, the city is home to several higher educational institutions, including Western New England University, Springfield College, and American International College, making it an attractive location for businesses in the education and healthcare sectors. The city's amenities, such as Forest Park, Lake Lorraine State Park, and the MassMutual Center, also make it an attractive location for businesses seeking to provide a high quality of life for their employees.
With 47 Office Space listings available for lease, Springfield offers a range of options for businesses of all sizes. The average annual rent per square foot is $18 USD, with a minimum of $9 USD and a maximum of $30 USD. The average size of available Office Space is 5,164 square feet, with a minimum of 50 square feet and a maximum of 57,459 square feet. In addition to Office Space, Springfield also offers a range of other property types, including Coworking Space, Flex Space, Medical Offices, and Retail Space, each with its own unique characteristics and advantages. For example, Coworking Space in Springfield offers a collaborative and flexible work environment, while Flex Space provides a versatile and adaptable space for businesses with changing needs. Medical Offices in Springfield are well-suited for healthcare providers, with access to top-notch medical facilities and a highly educated workforce. Retail Space in Springfield offers a prime location for businesses seeking to tap into the local consumer market, with a high volume of foot traffic and a diverse range of demographics.
What is the average size of office space for lease in the Springfield market?
In the Springfield market, the average size of office space for lease is 5,164 square feet, with a total of 47 available listings, ranging from smaller spaces to larger ones up to 57,459 square feet.
Are there different types of office space leases available?
In Springfield, Massachusetts, businesses can explore various types of office space leases to suit their unique needs, including:
- Full-service leases, which typically include utilities, maintenance, and amenities in the rent;
- Modified gross leases, which combine elements of full-service and net leases;
- Net leases, which require tenants to pay for utilities, taxes, and insurance in addition to rent.
With 47 available listings of office space in Springfield, businesses can find the perfect lease arrangement to support their growth and success.
