Downtown Watertown Industrial

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Downtown Watertown

Office Space Market Report

Number of Listings (last 90 days)
2
Median Rate ($/sqft/yr)
$29
Median Size (sqft)
1,500
As of: March 29, 2017

Downtown Watertown Rates

The typical asking rate per listing is in the $20's per square foot per year. The Downtown Watertown region is seeing a decline in rates. In the last 3 months, the median rate decreased $18 per sqft per year. That's a 38% decline 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, 2 listings have come on the market, which means leases most likley are leasing quickly. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,500 sqft. Most properties in this market are around 4 stories. Most buildings in this area were built in 1959 and are Class A.

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 region. Commute by public transit is the most popular way to get to work amongst Downtown Watertown 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 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