Back Bay Sublease

Back Bay

Office Space Market Report

Number of Listings (last 90 days)
19
Median Rate ($/sqft/yr)
$78
Median Size (sqft)
7,240
As of: July 23, 2017

Back Bay Rates

Most listings are in the $70's per square foot per year. The Back Bay region is experiencing a an increase in rates. In the last 3 months, the median rate rose $8 per sqft per year. That's a 11% rise in rent.

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

Back Bay Listing Supply

In the last 90 days, 19 listings have been made available, which means listings are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 100% of the office spaces in the Back Bay 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 posted, so finding a space for a small business might be tough.

Even though the median size is 7,240 sqft, there are still 0 listings below 2,000 sqft. Most properties in this area are around 6 floors. Most buildings in this area were built in 1923 and are Class A.

Back Bay Community

A large portion of this market is residential, but there's plenty of office_space. Arts, entertainment, and restaurants are the dominant industries in this area. Most of the occupants of Back Bay work from home. 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 Back Bay.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Back Bay.
Research