South Boston Retail

South Boston

Office Space Market Report

Number of Listings (last 90 days)
5
Median Size (sqft)
7,500
As of: February 24, 2017

South Boston Rates

On average, listings lease in the $0's per square foot per year. The South Boston region is seeing a decrease in rates. In the last 3 months, the median rate decreased $48 per sqft per year. That's a 100% decrease in rent.

South Boston Listing Supply

In the last 90 days, 6 listings have come on the market, which means listings are probably going fast. You'll want to be prepared to make an offer immediately. About 17% of the listings in the South Boston 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.

Even though the median size is 7,500 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this market are close to 7 floors. Most buildings in this area were built in 1918 and are Class B.

South Boston Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Information is the dominant industry in this market. Commute by public transit is the most popular way to get to work amongst South Boston residents. Commuting between 30 and 45 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 South Boston.
Market Report

Market Data

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