Newton Highlands Office Space

Newton Highlands

Office Space Market Report

Number of Listings (last 90 days)
Median Rate ($/sqft/yr)
Median Size (sqft)
As of: October 21, 2016

Newton Highlands Rates

The typical asking rate per listing is in the $30's per square foot per year. The Newton Highlands submarket is going through a a boost in rates. In the last 3 months, the median rate rose $40 per sqft per year. That's a Inf% increase in rent.

Compared to the rest of the Greater Boston market, the Newton Highlands submarket has higher rates, and you'll have to negotiate above asking rent to be in this hot region.

Newton Highlands Listing Supply

In the last 90 days, 2 listings have come on the market, which means office spaces are probably going fast. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 2,300 sqft. Most properties in this region are close to 2 stories. Most buildings in this market were built in 1965 and are Class C.

Newton Highlands Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Information is the dominant industry in this area. Commute by walking is the most popular way to get to work amongst Newton Highlands folk. Commuting under 5 minutes a day is the norm for those who opt to reside in this part of town.