Reservoir Commercial Real Estate

Reservoir

Market Report

Number of Listings
Posted in the last 90 days
12
Median Rate ($/sqft/yr)
$21
Median Size (sqft)
1,500

Compared to the rest of the Greater Boston market, the Reservoir region has lower rates, so you should have no trouble finding a great deal in this depreciated submarket.

Reservoir Listing Supply

In the last 90 days, 10 listings have come on the market, which means listings most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 130% of the available space in the Reservoir 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 available, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,500 sqft. Most properties in this region are approximately 1 floors. Most buildings in this market were built in 1967 and are Class B.

Reservoir Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Waste services is the dominant industry in this region. Commute by public transit is the most popular way to get to work amongst Reservoir folk. Commuting between 30 and 45 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 Reservoir.
Research