TOC / sq ft / yr
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$120 – $200
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Boston Office Occupancy Costs
Total occupancy cost for Grade A office space in Boston (Financial District) is $144.77 per sq ft ($1558 per sq m) per year. Office rent is $59.1 per sq ft ($636 per sq m). The total includes rent, service charge, business rates, fit-out, facilities management, utilities and exit costs.
| Submarket | Rent / sq ft | Rent / sq m | Total cost / sq ft | Total cost / sq m |
|---|---|---|---|---|
| Back Bay/Copley | $62.87 | $677 | $150.7 | $1622 |
| Financial District | $59.1 | $636 | $144.77 | $1558 |
| Seaport/Innovation District | $78.37 | $844 | $158.9 | $1710 |