Financial District Sublease

Financial District

Office Space Market Report

Number of Listings (last 90 days)
28
Median Rate ($/sqft/yr)
$83
Median Size (sqft)
8,120
As of: January 21, 2017

Financial District Rates

Most listings are in the $80's per square foot per year. The Financial District region is going through a a rise in rates. In the last 3 months, the median rate went up $5 per sqft per year. That's a 7% increase in rent.

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

Financial District Listing Supply

In the last 90 days, 23 listings have been listed, which means office spaces are probably going fast. You'll want to be prepared to make an offer immediately. About 9% of the office spaces in the Financial District are subleases, so you will probably need to consider the implications of signing a direct lease with the building. 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 7,270 sqft, there are still 0 listings below 2,000 sqft. Most properties in this region are close to 12 floors. Most buildings in this area were built in 1926 and are Class A.

Financial District Community

Education is the dominant industry in this area. Commute by walking is the most popular way to get to work amongst Financial District occupants. Commuting approximately an hour 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 Financial District.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Financial District.
Research