The Back Bay district was the most expensive real estate market for office space in Boston in the second quarter of 2023. On average, the average asking rent was about 70 U.S. dollars per square foot of office space. The gross rental rate usually includes costs for utilities and other general maintenance costs. The least expensive office real estate market was the Crosstown district, where the average gross rental rate was 34.5 U.S. dollars per square foot and therefore had the least amount of office space available among Boston districts in the same period.
Rental rates for office space in Boston in the 2nd quarter of 2023, by district
(in U.S. dollars per square foot)
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Colliers International. (July 11, 2023). Rental rates for office space in Boston in the 2nd quarter of 2023, by district (in U.S. dollars per square foot) [Graph]. In Statista. Retrieved November 22, 2024, from https://www.statista.com/statistics/1272212/office-space-rental-rates-by-district-boston/
Colliers International. "Rental rates for office space in Boston in the 2nd quarter of 2023, by district (in U.S. dollars per square foot)." Chart. July 11, 2023. Statista. Accessed November 22, 2024. https://www.statista.com/statistics/1272212/office-space-rental-rates-by-district-boston/
Colliers International. (2023). Rental rates for office space in Boston in the 2nd quarter of 2023, by district (in U.S. dollars per square foot). Statista. Statista Inc.. Accessed: November 22, 2024. https://www.statista.com/statistics/1272212/office-space-rental-rates-by-district-boston/
Colliers International. "Rental Rates for Office Space in Boston in The 2nd Quarter of 2023, by District (in U.S. Dollars per Square Foot)." Statista, Statista Inc., 11 Jul 2023, https://www.statista.com/statistics/1272212/office-space-rental-rates-by-district-boston/
Colliers International, Rental rates for office space in Boston in the 2nd quarter of 2023, by district (in U.S. dollars per square foot) Statista, https://www.statista.com/statistics/1272212/office-space-rental-rates-by-district-boston/ (last visited November 22, 2024)
Rental rates for office space in Boston in the 2nd quarter of 2023, by district (in U.S. dollars per square foot) [Graph], Colliers International, July 11, 2023. [Online]. Available: https://www.statista.com/statistics/1272212/office-space-rental-rates-by-district-boston/
