River Corridor Office Space

River Corridor

Office Space Market Report

Number of Listings (last 90 days)
42
Median Rate ($/sqft/yr)
$24
Median Size (sqft)
2,310
As of: July 28, 2017

River Corridor Rates

The typical asking rate per listing is in the $20's per square foot per year. The River Corridor region is experiencing a a boost in rates. In the last 3 months, the median rate rose $4 per sqft per year. That's a 20% rise in rent.

Compared to the rest of the Greater Boston market, the River Corridor region has smaller rates, so you should have no trouble finding a great deal in this depreciated region.

River Corridor Listing Supply

In the last 90 days, 42 listings have been posted online, so you'll want to check back regularly for new listings. About 31% of the listings in the River Corridor are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 2,310 sqft. Most properties in this market are around 2 floors. Most buildings in this region were built in 1982 and are Class A.

River Corridor Community

A large portion of this region is residential, but there's plenty of office_space. Public administration is the dominant industry in this region. Commute by car is the most popular way to get to work amongst River Corridor folk. Commuting more than an hour and a half 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 River Corridor.
Market Report

Market Data

Real time and historical data on commercial real estate listings in River Corridor.
Research