State Street Office Space

State Street

Office Space Market Report

Number of Listings (last 90 days)
2
Median Rate ($/sqft/yr)
$34
Median Size (sqft)
4,330
As of: June 25, 2017

State Street Rates

The typical asking rate per listing is in the $30's per square foot per year. The State Street submarket is seeing a a rise in rates. In the last 3 months, the median rate rose $34 per sqft per year.

State Street Listing Supply

In the last 90 days, 2 listings have been made available, which means leases most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 250% of the office spaces in the State Street are subleases, so you might be able to snag a great spot on a short term. 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 4,330 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this region are around 4 stories. Most buildings in this area were built in 1963 and are Class B.

State Street Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Professional services is the dominant industry in this market. Commute by bike is the most popular way to get to work amongst State Street occupants. Commuting between 20 and 25 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 State Street.
Market Report

Market Data

Real time and historical data on commercial real estate listings in State Street.
Research