Watertown Town Industrial

Watertown Town

Office Space Market Report

Number of Listings (last 90 days)
30
Median Rate ($/sqft/yr)
$29
Median Size (sqft)
2,000
As of: March 12, 2017

Watertown Town Rates

On average, listings lease in the $20's per square foot per year. The Watertown Town submarket is going through a decline in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 4% decline in rent.

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

Watertown Town Listing Supply

In the last 90 days, 30 listings have come on the market, which means office spaces might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. 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 2,000 sqft. Most properties in this area are approximately 2 stories. Most buildings in this area were built in 1931 and are Class A.

Watertown Town Community

Market Report

Trends and status of the commercial real estate market in Watertown Town.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Watertown Town.
Research

Watertown Town Submarkets