Newport East Retail

Newport East

Market Report

Number of Listings
Posted in the last 90 days
6
Median Rate ($/sqft/yr)
$53
Median Size (sqft)
1,350

Newport East Rates

On average, listings lease in the $50's per square foot per year. The Newport East submarket is experiencing a a boost in rates. In the last 3 months, the median rate rose $34 per sqft per year. That's a 187% increase in rent.

Compared to the rest of the Greater Boston market, the Newport East region has greater rates, and you'll need to pay a premium to be in this hot region.

Newport East Listing Supply

In the last 90 days, 59 listings have been listed, so you'll want to check back regularly for new listings. About 7% of the available leases in the Newport East are subleases, so you will probably need to consider the implications of signing a direct lease with the building. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,350 sqft. Most properties in this area are around 2 stories. Most buildings in this market were built in 1975 and are Class B.

Newport East Community

Market Data

Real time and historical data on commercial real estate listings in Newport East.
Research