According to the Boston Business Journal, the once rising apartment prices in Boston's Seaport District are actually dropping - they fell by almost 9% in Q3 2013 - due to the influx of 450 new apartments ready to lease. Average rents in the 3rd Quarter of 2012 were $2,136. This year in Q3, rents are averaging $1,952.
The Seaport is Boston's "hottest" neighborhood, with the addition of the new ICA, Convention Center, buildings such as FP3 Lofts on Congress Street, and the restaurants / retail / office space to go with it.
Click here to read the full article in the BBJ
For more information regarding office space in the Seaport, visit www.BostonOfficeSpaces.com
For More Information about lofts and apartments in Boston's Seaport, contact:
Paul Santucci, Director of Boston Lofts, paul@bostonlofts.com 617.694.0004