Dorchester Office Space

Dorchester

Office Space Market Report

Number of Listings (last 90 days)
2
Median Rate ($/sqft/yr)
$40
Median Size (sqft)
650
As of: June 28, 2017

Dorchester Rates

On average, listings lease in the $30's per square foot per year. The Dorchester region is going through a a boost in rates. In the last 3 months, the median rate increased $40 per sqft per year.

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

Dorchester Listing Supply

In the last 90 days, 2 listings have been posted online, which means spaces most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. About 50% of the available space in the Dorchester are subleases, so you might be able to snag a great spot on a short term. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 650 sqft. Most buildings in this market are approximately 5 floors. Most buildings in this market were built in 1920 and are Class A.

Dorchester Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Health care is the dominant industry in this market. Most of the folk of Dorchester work from home. 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 Dorchester.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Dorchester.
Research