Watertown Town Industrial

Watertown Town

Office Space Market Report

Number of Listings (last 90 days)
30
Median Rate ($/sqft/yr)
$36
Median Size (sqft)
25,550
As of: June 24, 2017

Watertown Town Rates

The typical asking rate per listing is in the $30's per square foot per year. The Watertown Town region is seeing a a rise in rates. In the last 3 months, the median rate rose $36 per sqft per year.

Compared to the rest of the Greater Boston market, the Watertown Town submarket has more expensive rates, and you'll need to make a great offer to be in this hot submarket.

Watertown Town Listing Supply

In the last 90 days, 30 listings have been listed, which means listings most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 13% of the available space in the Watertown Town 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 on the market, so finding a space for a small business might be tough.

Even though the median size is 25,550 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this region are approximately 2 floors. Most buildings in this region 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