Federal Hill Commercial Real Estate

Federal Hill

Market Report

Number of Listings
Posted in the last 90 days
3
Median Rate ($/sqft/yr)
$28
Median Size (sqft)
6,000

Compared to the rest of the Greater Boston market, the Federal Hill submarket has higher rates, and you'll have to negotiate above asking rent to be in this hot region.

Federal Hill Listing Supply

In the last 90 days, 4 listings have been made available, which means office spaces most likley are leasing quickly. You'll want to be prepared to make an offer immediately. About 25% of the available space in the Federal Hill are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

Even though the median size is 6,000 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this area are close to 2 floors. Most buildings in this area were built in 1900 and are Class A.

Federal Hill 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 walking is the most popular way to get to work amongst Federal Hill residents. Commuting around 20 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 Federal Hill.
Research