2023 Office Space Rent & Sales
- $36.75 2023 Avg. Asking Rent
- 15.52% 2023 Office Vacancy Rate
Natick office price per square foot in 2023 was $36.75 on average. The local office market recorded an average vacancy rate of 15.52% across all asset classes combined.
See how this market compares to the national average: U.S. office space rent & sales.
Average Rent by Office Class
2023 Average Office Rent per Square Foot
- Massachusetts Class A & A+ Office Space$61.88
- Massachusetts Class B Office Space$30.93
- Massachusetts Class C Office Space$41.60
Natick, MA Office Asking Rents by Class
Office Spaces for Rent in Massachusetts
- Boston Office Space
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- Westborough Town Office Space
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- Wellesley Office Space
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Coworking Spaces in Massachusetts
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- Queens Coworking Space
- Grand Rapids Coworking Space
2023 Office Construction in Natick, MA
| Office building | Address | SF | Completed |
|---|---|---|---|
| Exponent Headquarters | 1075 Worcester Street, 01760 | 61,000 | 2019 |
| 233 West Central Street | 233 West Central Street, 01760 | 35,849 | 1986 |
| East Natick Business Park - 16 Tech Circle | 16 Tech Circle, 01760 | 45,649 | 1984 |
| 67 Union Street | 67 Union Street, 01760 | 25,132 | 1984 |
| 67 Union Street | 67 Union Street, 01760 | 25,132 | 1984 |
| 190 North Main Street | 190 North Main Street, 01760 | 30,689 | 1983 |
| Natick Office Park | 209 West Central Street, 01760 | 63,000 | 1975 |
| Natick Office Suites | 209 West Central Street, 01760 | 65,170 | 1965 |
| 1 Strathmore Road | 1 Strathmore Road, 01760 | 10,201 | 1960 |
| 14 Huron Dr | 14 Huron Dr, 01760 | 8,976 | 1959 |
Worth noting among recent office completions on the Natick market is Exponent Headquarters, which is currently the largest new office development in the city, at 61,000 square feet.
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This market stats report is based on analysis of city-level data that includes office properties equal to or larger than 25,000 square feet in size. Averages were calculated based on values dated January 1st 2023 through December 31st 2023. Construction pipeline data represented herein is valid as of April 2024. The information on this page was compiled using data provided by CommercialEdge, a market intelligence solution which offers comprehensive real market knowledge on all Natick commercial properties sized 25,000 square feet or larger.
While every effort was made to ensure the accuracy of the data presented in this report, the information is provided “as is” and neither CommercialCafe nor CommercialEdge can guarantee that the information provided is complete.