Ward Two Commercial Real Estate

Ward Two

Market Report

Number of Listings
Posted in the last 90 days
0
Median Rate ($/sqft/yr)
$48
Median Size (sqft)
2,100

Ward Two Rates

Most listings are in the $40's per square foot per year. The Ward Two region is seeing a an increase in rates. In the last 3 months, the median rate rose $21 per sqft per year. That's a 80% increase in rent.

Compared to the rest of the Greater Boston market, the Ward Two region has greater rates, and you'll need to make a great offer to be in this hot region.

Ward Two Listing Supply

In the last 90 days, 20 listings have been made available, which means new listings might be going fast. You'll want to be prepared to tour spaces as quick as possible. About 10% of the available leases in the Ward Two are subleases, so you will probably need to sign a longer term lease with the landlord directly. 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 2,100 sqft. Most properties in this region are approximately 4 stories. Most buildings in this market were built in 1989 and are Class B.

Ward Two Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Professional services is the dominant industry in this area. Commute by motorcycle is the most popular way to get to work amongst Ward Two residents. Commuting under 5 minutes a day is the norm for those who opt to reside in this part of town.

Market Data

Real time and historical data on commercial real estate listings in Ward Two.
Research