Boston Research Portal - 495/Mass Pike. Commercial Real Estate. Jones Lang LaSalle
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 Boston  North
 Cambridge  Northwest
 128/Mass Pike  South
 495/North  

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Jeffrey Bramhall
Research analyst  
+1 617 316 6403
jeffrey.bramhall@am.jll.com 

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Key market indicators 12 month forecast
Supply Supply 13,165,375 sf level
Vacancy rate 21.3% up
Availability rate 26.5 level
Under construction
(% preleased)
0 msf (0%) level
Demand Total suburban required s.f. 4,301,800sf up
YTD net absorption 183,501 sf level
Pricing 12-month overall rent
% change
0.8% level
Class A overall asking rent $18.99 psf level
Class B overall asking rent $17.86 psf level

 Featured report

Report cover

495/Mass Pike Submarket Report - Q4 2011
Boston Submarket Reports provide in-depth analysis and commentary on the major submarkets in the Greater Boston area.

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 Market description


The 495/Mass Pike market is located between Boston and Worcester and surrounds the intersection of the Mass Pike (I-90) and Route 495, Boston’s outer beltway. 495/Mass Pike towns include Bolton, Framingham, Holliston, Hopkinton, Hudson, Marlborough, Natick, Northborough, Shrewsbury, Southborough, Sudbury, and Westborough. The submarket’s location offers easy access to Route 128 and Boston, as well as offering the market’s large employers access to the faster growing more affordable communities in along 495 and in Worcester County for employees. The submarket has a very diverse tenant base including Staples, Boston Scientific, Genzyme, Bose, TJX, and EMC, and Framingham and Natick offer one of the most prominent retail corridors in Greater Boston. 

 

 

 

 Leasing contacts


William Bailey
Managing Director
+1 617 531 4171
william.bailey@am.jll.com

Philip DeSimone
Managing Director
+1 617 531 4188
philip.desimone@am.jll.com

Matthew Giffune
Assistant Vice President
+1 617 531 4222
matthew.giffune@am.jll.com

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