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Seaport could be the next hot neighborhood in Boston! According to the Boston Business Journal, asking rents in Seaport are rising above those of other areas such as the Financial District. Keep an eye on new construction in the area!
From the BBJ:
“Among other neighborhoods with class A space, rents in descending order were: the Seaport District at $59.99 per square foot, the Financial District at $55.03 per square foot and a large swatch of downtown Boston and the Back Bay at $53.71 per square foot…The highest rate of year-over-year rent growth was in the Seaport District, where landlords were asking 24.7 percent more in the third quarter of 2014 than during the third quarter of 2013.”
