East Watertown Office Space

East Watertown

Office Space Market Report

Number of Listings (last 90 days)
8
Median Rate ($/sqft/yr)
$26
Median Size (sqft)
27,840
As of: December 10, 2016

East Watertown Rates

Most listings are in the $20's per square foot per year. The East Watertown region is going through a decrease in rates. In the last 3 months, the median rate fell $3 per sqft per year. That's a 9% decrease in rent.

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

East Watertown Listing Supply

In the last 90 days, 8 listings have been listed, which means leases are probably going fast. You'll want to be prepared to tour spaces as quick as possible. 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 27,840 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this market are around 2 floors. Most buildings in this region were built in 1945 and are Class B.

East Watertown Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Arts, entertainment, and restaurants are the dominant industries in this area. Commute by motorcycle is the most popular way to get to work amongst East Watertown occupants. Commuting around 10 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 East Watertown.
Market Report

Market Data

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

Watertown Town Submarkets