21 Rev Nazareno Properzi Way — Lease in Somerville, MA

  • Price: Contact for price
  • Listing type: For lease
  • Asset type: Office
  • Location: Somerville, MA 02143

Description

Commercial property listing from JLL. Property: 21 Rev Nazareno Properzi Way.

Market Context

This office in Somerville, MA is listed for lease. It has been on the market for 167 days. Compare it against other office listings for lease in Somerville, MA — view the full market.

As of Q1 2026, the Boston office market showed cap rates around 9.7%. Source: multiple brokerage reports, Q1 2026.

Office market FAQ

What is the typical cap rate for office in Boston?
About 9.7% as of Q1 2026, per multiple brokerage reports.

Estimated Market Rate

$1.16/SF/mo – $1.56/SF/mo

Mid: $1.36/SF/mo

Rate-first confidence-weighted blend with cost-of-business adjustment.

Based on comparable properties in similar markets rather than local sales.

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