Find Back Bay East commercial real estate for sale and for lease on 42Floors, the commercial real estate search engine. Listings cover all types of properties including Retail, Office Space, Industrial, Medical and much more. Find a Back Bay East commercial real estate broker in Back Bay East's Top Broker Directory. Learn about Back Bay East commercial real estate trends in 42Floors Research. Learn tips, tricks, and jargon about leasing or buying commercial real estate in 42Floors EDU.
Most commerial real estate listings for lease are in the $80's per square foot per year. The Back Bay East region is seeing a a rise in rates. In the last 3 months, the median rate for lease went up $19 per sqft per year. That's a 27% rise in rent.
Compared to the rest of the Greater Boston commercial real estate market, the Back Bay East region has higher rates for rent, and you may need to pay a premium to be in this hot region.
In the last 90 days, 172 commercial real estate listings have come on the market, so you'll want to check back regularly for new listings. About 1% of the commercial real estate listings in the Back Bay 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 size for office space in this area is around 15,450 sqft. Most properties in this area are around 6 floors. Most buildings in this region were built close to 1912 and are Class .
A large portion of this market is residential, but there's plenty of office space. Public administration is the dominant industry in this region. Commute by public transit is the most popular way to get to work amongst Back Bay East folk. Commuting close to 20 minutes a day is the norm for those who opt to reside in this part of town.
Real time and historical data on commercial real estate listings in Back Bay East.
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