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Spencer Office Space is the launch pad for your success. If you need commercial, executive or Office Space in the Spencer area to rent, lease or buy, this is the only place to be. We work with the top buyers and sellers of Commercial Real Estate throughout the Spencer area. Contact the professionals at Spencer Office Space today - and get ready to see your Commercial Real Estate goals take flight.

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Spencer Profile

The Town of Spencer is located in central Worcester County, twenty minutes west of Worcester and about forty five minutes from Springfield. Largely residential, Spencer has been a supplier of workers in all categories for nearly every industry in the greater Worcester area. Ease of travel to all sections of the county makes Spencer a desirable area in which to live. Route 31 gives access to Holden, Fitchburg, Leominster in the north; Charlton, Oxford and Southbridge in the south. Route 49 gives easy access to Sturbridge, Brimfield, Southbridge, the Mass Turnpike and Interstate 86 to Connecticut. Route 9 leads westerly through the Brookfields and Ware to the Amherst Campus of the University of Massachusetts and easterly to Worcester, Shrewsbury, Northborough, and Westborough. In addition to its own small commercial airfield on Paxton Road, Spencer is less than twenty minutes from Worcester airport and the industrial complex located next to it. Spencer is also home for several large dairy farms, indicating that the towns fertile soil is not only suited for residential use. Several major lakes and ponds are also located in the town, including Stiles Reservoir, Thompson Pond, Lake Whittemore, Cranberry Meadow, Sugden Reservoir and Brooks Pond, providing recreational boating, swimming and fishing for the public. Settled in 1717 by Nathaniel Wood, Spencer was incorporated as a town in 1753. It has been established as a district from a part of Leicester. Its name was assigned by Lieutenant Governor Spencer Phipps who had signed the order establishing the district. In 1784, Spencer was a major stopping place on the Old Boston Post Roads stage route between Boston and Hartford, and on to New York. Spencers first mill was built in 1740 on Seven Mile River, the greatest source of water power in the town. In 1811, Josiah Green began making shoes, and in 1834 he built a factory. The Prouty family began to make shoes in 1820, and built their factory in 1855. In 1812, Elliot Prouty had begun to draw wire in a mill he had built. His business flourished in his family until 1916, when it merged with Wickwire Steel Company. At one time there were 11 factories and 26 buildings for wire drawing. The Howe family of Spencer did much to make the town famous in the annals of ingenious Americans. William Howe of Spencer developed a wooden truss bridge named for him, and his brother Tyler Howe, patented a spring bed. Their nephew, Elias Howe, Jr., may well have eclipsed them when he invented the lockstitch sewing machine.
Full Spencer Profile
Spencer Office Space
Number of Listings
We have 58894 listings
29410 Single family
6125 Multi family
13139 Condos
5430 Plot of land
3778 Commercial listings
Spencer Office Space
Market Update
Market Update
4-Jul-08 Last Change
30 Yr FXD, natl avg 6.35% -0.10%
15 Yr FXD, natl avg 5.92% -0.12%
1 Yr ARM, natl avg 5.17% -0.10%
COFI-11th District 2.918% -0.193%
COFI-Federal 3.115% -0.132%
Federal Funds (target) 2.00% 0.00%
WSJ Prime Rate 5.00% 0.00%
1 Year CMT 2.35% -0.03%
30 Year Treasury 4.51% -0.04%
USD 12M LIBOR 3.325% -0.020%

sources: Freddie Mac, FHLBSF, Federal Reserve, DTN
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Spencer Office Space
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