Financial services occupiers in Boston typically cluster in Financial District, plan ~220 sqft per seat at trophy fit-out ($320–470/sqft), and pay around 78 USD/sqft ($78 USD) on Class A.
Financial services occupiers in Boston typically cluster in Financial District, plan ~220 sqft per seat at trophy fit-out">fit-out ($320–470/sqft), and pay around 78 USD/sqft ($78 USD) on Class A.
Financial services occupiers in Boston typically anchor in Financial District. Asset managers (Fidelity, State Street), law firms, banking, professional services.
Class A rent in Boston runs 78 USD/sqft ($78 USD) on a 10-year lease with 18 months free. Trophy submarkets command a 20–40% premium above the city index.
Typical financial services fit-out targets trophy specification at $320–470/sqft. Bespoke design, signature feature, top-tier MEP and acoustic packages are standard.
Plan around 220 sqft per seat blended (workstation + circulation + amenity). A 100-headcount finance office in Boston typically targets 22,000 sqft of leasable area.
Senior bankers and quants concentrate around trophy financial spines; covenant strength supports long leases and trophy economics. Deepest STEM and life-sciences talent pool in the US — anchored by MIT, Harvard, BU. Average all-in compensation indexes 95.
Headline corporate tax: 28%. Modified-gross with op-ex escalations. Rent-free 18-24 months on 10-year term standard. Lab leases carry distinct economics — base rent plus operating expenses plus utilities pass-through.
| city | Boston |
|---|---|
| industry | Financial services |
| naics | 52 |
| preferredSubmarket | Financial District |
| preferredFitoutSpec | Trophy |
| fitoutBand | $320–470/sqft |
| sqftPerSeat | 220 |
| classARentLocal | 78 USD/sqft/yr |
| classARentUsd | $78/sqft/yr |
| vacancyPct | 19.5% |
| typicalLeaseYears | 10 |
| typicalRentFreeMonths | 18 |
| talentIndex | 95 |
| corporateTaxPct | 28% |
Reviewed by Miriam Hollander — Lead market analyst. Last updated 2026-04-15. See our methodology and editorial standards.