Watertown Town Office Space

Watertown Town

Office Space Market Report

Number of Listings (last 90 days)
15
Median Rate ($/sqft/yr)
$33
Median Size (sqft)
10,578
As of: December 8, 2016

Watertown Town Rates

On average, listings lease in the $30's per square foot per year. The Watertown Town region is seeing a a rise in rates. In the last 3 months, the median rate increased $4 per sqft per year. That's a 14% rise in rent.

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

Watertown Town Listing Supply

In the last 90 days, 15 listings have been made available, which means new availabilities might be 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.

Even though the median size is 10,578 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this area are approximately 2 floors. Most buildings in this market were built in 1931 and are Class B.

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