East Watertown Office Space

East Watertown

Office Space Market Report

Number of Listings (last 90 days)
11
Median Rate ($/sqft/yr)
$36
Median Size (sqft)
25,550
As of: June 21, 2017

East Watertown Rates

Most listings are in the $30's per square foot per year. The East Watertown submarket is experiencing a an increase in rates. In the last 3 months, the median rate increased $36 per sqft per year.

Compared to the rest of the Greater Boston market, the East Watertown submarket 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, 11 listings have come on the market, which means spaces might be going fast. You'll want to be prepared to make an offer immediately. About 18% of the office spaces in the East Watertown are subleases, so you might be able to find a shorter term or below market rent. 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 25,550 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this region are around 2 floors. Most buildings in this market 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 region. Commute by motorcycle is the most popular way to get to work amongst East Watertown folk. Commuting approximately 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