South Boston Retail

South Boston

Office Space Market Report

Number of Listings (last 90 days)
4
Median Size (sqft)
6,330
As of: May 21, 2017

South Boston Rates

On average, listings lease in the $0's per square foot per year. The South Boston region is experiencing a decline in rates. In the last 3 months, the median rate decreased $35 per sqft per year. That's a 100% decrease in rent.

South Boston Listing Supply

In the last 90 days, 4 listings have been listed, which means new listings most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 50% of the office spaces 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 6,330 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this region are approximately 7 floors. Most buildings in this area were built in 1911 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 occupants. 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