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: July 21, 2017

Watertown Town Rates

On average, listings lease in the $30's per square foot per year. The Watertown Town region is experiencing a a boost in rates. In the last 3 months, the median rate increased $7 per sqft per year. That's a 25% increase in rent.

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

Watertown Town Listing Supply

In the last 90 days, 30 listings have been posted online, which means new availabilities might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 10% of the office spaces in the Watertown Town 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 posted, so finding a space for a small business might be tough.

Even though the median size is 25,550 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this market are around 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