Compared to the rest of the Greater Boston market, the East Watertown region has higher rates, and you'll have to negotiate above asking rent to be in this hot submarket.
In the last 90 days, 11 listings have come on the market, which means new listings might be leasing quickly. You'll want to be prepared to make an offer immediately. About 18% of the office spaces in the East Watertown 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 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 office spaces below 2,000 sqft. Most properties in this market are approximately 2 stories. Most buildings in this market were built in 1945 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Arts, entertainment, and restaurants are the dominant industries in this region. Commute by motorcycle is the most popular way to get to work amongst East Watertown residents. Commuting close to 10 minutes a day is the norm for those who opt to reside in this part of town.