Watertown Town Office Space

Watertown Town

Office Space Market Report

Number of Listings (last 90 days)
30
Median Rate ($/sqft/yr)
$36
Median Size (sqft)
21,910
As of: July 25, 2017

Watertown Town Rates

On average, listings lease in the $30's per square foot per year. The Watertown Town submarket is seeing a a rise in rates. In the last 3 months, the median rate rose $7 per sqft per year. That's a 25% rise in rent.

Compared to the rest of the Greater Boston market, the Watertown Town region has more expensive rates, and you'll need to make a great offer to be in this hot region.

Watertown Town Listing Supply

In the last 90 days, 30 listings have come on the market, which means office spaces might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 10% of the available space in the Watertown Town are subleases, so you will probably need to sign a longer term lease with the landlord directly. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

Even though the median size is 21,910 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this market are around 2 floors. Most buildings in this area were built in 1931 and are Class A.

Watertown Town Community

Market Report

Trends and status of the commercial real estate market in Watertown Town.
Market Report

Market Data

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

Watertown Town Submarkets