Where do real estate and infrastructure occupiers lease office space in Boston?

Most cluster in Financial District. Rent runs ~78 USD/sqft ($78 USD) for trophy and prime stock.

What fit-out spec do real estate and infrastructure occupiers run in Boston?

Typically high-end at $225–320/sqft.

How much office space per seat should a real estate and infrastructure occupier plan in Boston?

Plan ~215 sqft per seat blended. A 100-person team typically takes 21,500 sqft.

What NAICS codes describe the real estate and infrastructure vertical?

Representative NAICS 2022 codes: 531, 237.

What is the talent index in Boston?

95/100. Use the city profile for full detail.

Real estate and infrastructure occupiers in Boston typically cluster in Financial District, plan ~215 sqft per seat at high-end fit-out ($225–320/sqft), and pay around 78 USD/sqft ($78 USD) on Class A.

Preferred submarket: Financial District.
Typical fit-out spec: High-end ($225–320/sqft).
Plan ~215 sqft per seat for headcount sizing.
Class A rent context: 78 USD/sqft ($78 USD).
Typical lease: 10 years with 18 months rent-free.
Talent depth in Boston: 95/100.

Real estate and infrastructure office space in Boston

Real estate and infrastructure occupiers in Boston typically cluster in Financial District, plan ~215 sqft per seat at high-end fit-out">fit-out ($225–320/sqft), and pay around 78 USD/sqft ($78 USD) on Class A.

TL;DR

Preferred submarket: Financial District.
Typical fit-out spec: High-end ($225–320/sqft).
Plan ~215 sqft per seat for headcount sizing.
Class A rent context: 78 USD/sqft ($78 USD).
Typical lease: 10 years with 18 months rent-free.
Talent depth in Boston: 95/100.

Where they cluster

Real estate and infrastructure occupiers in Boston typically anchor in Financial District. Asset managers (Fidelity, State Street), law firms, banking, professional services.

What they pay

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.

Spec and fit-out

Typical real estate and infrastructure fit-out targets high-end specification at $225–320/sqft. Branded reception, full client-facing programming, premium furniture, and specialist AV are standard.

Headcount sizing

Plan around 215 sqft per seat blended (workstation + circulation + amenity). A 100-headcount real estate office in Boston typically targets 21,500 sqft of leasable area.

Talent angle

Sponsor and asset-management teams favor trophy CBD addresses with proximity to investment-banking and law-firm tenancy. Deepest STEM and life-sciences talent pool in the US — anchored by MIT, Harvard, BU. Average all-in compensation indexes 95.

Tax and lease context

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.

Key facts

city	Boston
industry	Real estate and infrastructure
naics	531, 237
preferredSubmarket	Financial District
preferredFitoutSpec	High-end
fitoutBand	$225–320/sqft
sqftPerSeat	215
classARentLocal	78 USD/sqft/yr
classARentUsd	$78/sqft/yr
vacancyPct	19.5%
typicalLeaseYears	10
typicalRentFreeMonths	18
talentIndex	95
corporateTaxPct	28%

Frequently asked questions

Where do real estate and infrastructure occupiers lease office space in Boston?: Most cluster in Financial District. Rent runs ~78 USD/sqft ($78 USD) for trophy and prime stock.
What fit-out spec do real estate and infrastructure occupiers run in Boston?: Typically high-end at $225–320/sqft.
How much office space per seat should a real estate and infrastructure occupier plan in Boston?: Plan ~215 sqft per seat blended. A 100-person team typically takes 21,500 sqft.
What NAICS codes describe the real estate and infrastructure vertical?: Representative NAICS 2022 codes: 531, 237.
What is the talent index in Boston?: 95/100. Use the city profile for full detail.

Editorial provenance

Reviewed by Miriam Hollander — Lead market analyst. Last updated 2026-04-15. See our methodology and editorial standards.

Primary sources for this page

CBRE Marketview reports — CBRE
JLL Office Insight — JLL
Cushman & Wakefield Marketbeat — Cushman & Wakefield
Savills World Research — Savills
Colliers Global Office Outlook — Colliers

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