Back Bay East Sublease

Back Bay East

Office Space Market Report

Number of Listings (last 90 days)
14
Median Rate ($/sqft/yr)
$66
Median Size (sqft)
11,960
As of: June 28, 2017

Back Bay East Rates

Most listings are in the $60's per square foot per year. The Back Bay East region is going through a a rise in rates. In the last 3 months, the median rate rose $66 per sqft per year.

Compared to the rest of the Greater Boston market, the Back Bay East submarket has greater rates, and you'll have to negotiate above asking rent to be in this hot submarket.

Back Bay East Listing Supply

In the last 90 days, 14 listings have come on the market, which means new availabilities are probably going fast. You'll want to be prepared to make an offer immediately. About 100% of the office spaces in the Back Bay East 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 posted, so finding a space for a small business might be tough.

Even though the median size is 11,960 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this market are approximately 6 floors. Most buildings in this region were built in 1920 and are Class A.

Back Bay East Community

A large portion of this market is residential, but there's plenty of office_space. Public administration is the dominant industry in this region. Commute by public transit is the most popular way to get to work amongst Back Bay East residents. Commuting close to 20 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 Back Bay East.
Market Report

Market Data

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