Downtown Boston Office Space

101 Federal St Unit 18th Floor
Downtown, Boston,

Downtown Boston

Office Space Market Report

Number of Listings (last 90 days)
96
Median Rate ($/sqft/yr)
$70
Median Size (sqft)
5,510
As of: June 26, 2017

Downtown Boston Rates

Most listings are in the $60's per square foot per year. The Downtown Boston region is going through a a rise in rates. In the last 3 months, the median rate increased $70 per sqft per year.

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

Downtown Boston Listing Supply

In the last 90 days, 96 listings have been posted online, so you'll want to check back regularly for new listings. About 99% of the available space in the Downtown Boston 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 5,510 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this area are approximately 11 floors. Most buildings in this region were built in 1920 and are Class B.

Downtown Boston Community

Arts, entertainment, and restaurants are the dominant industries in this area. Commute by car is the most popular way to get to work amongst Downtown Boston occupants. Commuting around 15 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 Boston.
Market Report

Market Data

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