Greater Boston Industrial

Greater Boston

Office Space Market Report

Number of Listings (last 90 days)
3,593
Median Rate ($/sqft/yr)
$23
Median Size (sqft)
1,950
As of: March 11, 2017

Greater Boston Rates

The typical asking rate per listing is in the $20's per square foot per year. The Greater Boston submarket is experiencing a decline in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 5% decline in rent.

Greater Boston Listing Supply

In the last 90 days, 3593 listings have come on the market, so you'll want to check back regularly for new listings. About 2% of the office spaces in the Greater Boston 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 1,950 sqft. Most buildings in this area are close to 2 floors. Most buildings in this market were built in 1969 and are Class A.

Greater Boston Community

Market Report

Trends and status of the commercial real estate market in Greater Boston.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Greater Boston.
Research

Greater Boston Submarkets