South Boston Industrial

We couldn't find any industrial spaces for Lease and Sublease

South Boston

Office Space Market Report

Number of Listings (last 90 days)
7
Median Rate ($/sqft/yr)
$48
Median Size (sqft)
5,620
As of: January 17, 2017

South Boston Rates

On average, listings lease in the $40's per square foot per year. The South Boston region is going through a decline in rates. In the last 3 months, the median rate fell $28 per sqft per year. That's a 37% decrease in rent.

Compared to the rest of the Greater Boston market, the South Boston region has more expensive rates, and you'll need to pay a premium to be in this hot submarket.

South Boston Listing Supply

In the last 90 days, 7 listings have been made available, which means office spaces most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 29% of the listings in the South Boston 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.

Even though the median size is 5,620 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this region are around 7 stories. Most buildings in this market were built in 1918 and are Class B.

South Boston Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Information is the dominant industry in this area. Commute by public transit is the most popular way to get to work amongst South Boston residents. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.

Market Report

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

Market Data

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