Lowell/Chelmsford
Boston - MA USA - Industrial Submarket
Industrial real estate intelligence for the Lowell/Chelmsford submarket. 28.0M SF of inventory with 10.7% vacancy. Data sourced from various MLS platforms.
28.0MSF
Inventory
4.1MSF
Available
10.7%
Vacancy
14.4%
Availability Rate
$16.80
Asking Rent
2.3%
Rent Growth
200KSF
12mo Absorption
380KSF
Under Construction
Market Metrics
12mo Delivered
175K SF
Under Constr % of Inv
1.4%%
Sale Price/SF
$207
Cap Rate
7.3%%
12mo Sales Volume
$274,305,167
Sales Vol Growth
24.7%
Asset Value
$5,857,328,977
Net Absorption
+200K SF
Recent DC Sales in Market
| Property | Price | SF | Buyer |
|---|---|---|---|
| 105 Cabot St | $6.4M | 105,731 | RJ Kelly Co, Inc. |
| Waltham BOS1 Data Center | $24.0M | 80,759 | CSquare |
| CoreSite BO1 | - | 273,180 | Stonepeak Partners LLC |
| CoreSite BO1 | - | 273,180 | American Tower Corporation |
| 400 Minuteman Rd (Part of a 32 Property Portfolio) | $71.4M | 153,000 | Mapletree US Management, LLC |
Available DC Space in Market
| Property | Avail SF | Rent | Owner |
|---|---|---|---|
| 46 Old Ferry Rd | 82,560 | $12.39 - 15.14 (Est.) | Patriot Holdings |
| BTS | 40,000 | Not Disclosed | Berish Properties, Inc. |
| 401 Elm St | 118,016 | $10.97 - 13.41 (Est.) | Harr Motor Company |
Data Centre Development Potential
High vacancy (10.7%) in Lowell/Chelmsford may indicate availability of conversion-ready industrial buildings for data centre development. Active construction pipeline of 380K SF indicates developer confidence in the submarket. Positive net absorption of 200K SF over the past 12 months signals healthy demand fundamentals.
Other Submarkets in Boston - MA USA
Evaluating Lowell/Chelmsford for Development?
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Data sourced from various MLS platforms. Industrial market data for informational purposes. Professional due diligence recommended.