Downtown Boston Retail

Downtown Boston

Office Space Market Report

Number of Listings (last 90 days)
96
Median Rate ($/sqft/yr)
$70
Median Size (sqft)
5,270
As of: July 19, 2017

Downtown Boston Rates

Most listings are in the $60's per square foot per year. The Downtown Boston region is experiencing a a boost in rates. In the last 3 months, the median rate rose $5 per sqft per year. That's a 8% increase in rent.

Compared to the rest of the Greater Boston market, the Downtown Boston submarket has greater rates, and you'll need to make a great offer to be in this hot region.

Downtown Boston Listing Supply

In the last 90 days, 96 listings have been posted online, so you'll want to check back regularly for new listings. About 99% of the office spaces in the Downtown Boston 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 on the market, so finding a space for a small business might be tough.

Even though the median size is 5,270 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this region are close to 11 floors. Most buildings in this market were built in 1920 and are Class B.

Downtown Boston Community

Arts, entertainment, and restaurants are the dominant industries in this area. Commute by car is the most popular way to get to work amongst Downtown Boston occupants. Commuting approximately 15 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 Downtown Boston.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Downtown Boston.
Research