Downtown Watertown Industrial

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Downtown Watertown

Office Space Market Report

Number of Listings (last 90 days)
3
Median Rate ($/sqft/yr)
$47
Median Size (sqft)
3,580
As of: December 2, 2016

Downtown Watertown Rates

Most listings are in the $40's per square foot per year. The Downtown Watertown region is experiencing a a boost in rates. In the last 3 months, the median rate increased $47 per sqft per year. That's a Inf% increase in rent.

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

Downtown Watertown Listing Supply

In the last 90 days, 3 listings have been posted online, which means listings most likley are going fast. You'll want to be prepared to make an offer immediately. 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 3,580 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this area are approximately 4 stories. Most buildings in this area were built in 1959 and are Class B.

Downtown Watertown Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Company management is the dominant industry in this area. Commute by public transit is the most popular way to get to work amongst Downtown Watertown folk. 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 Downtown Watertown.
Market Report

Market Data

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