Milton Office Space

If you're in the market for a commercial office location that is very convenient, you can easily begin your search in Milton, Massachusetts. This idyllic town is home to a thriving property market and it's also well-known for being a suburban oasis for startups and small businesses alike. The town itself is located only about 20 minutes from Boston, which means that it's just close enough to draw Boston-based potential partners to your offices. Additionally, with major towns like Quincy, Dedham, and Randolph in close proximity, there are more than a few ways to drum up business in this town.

Search Office Space

Neighborhoods Worth Considering in the Area

The town has five distinct neighborhoods that all have something to offer someone that's looking or a new home for their business. These neighborhoods have suburban and even urban styling, so there's definitely a wide variety of choice. It's important to note that the town's population is a fairly large 27,351, and much of the population resides in various densities throughout these five locations. These neighborhoods include:

• Blue Hills / Curry College – For those looking for a workforce that can thrive in an office-based environment, the Blue Hills neighborhood has your type of employee. While this area does have a relatively seasonal populace, it still has year-round residents that are mostly college educated.
• Town Center – Town centers throughout the country are useful locations for offices due to their being in areas that typically have high populations and active foot traffic. If you're opening up a business that's customer-facing, then this neighborhood is a good option.
• The Village – This area of town has a tendency to have higher property values, and as a result, this also is a part of town with the largest pool of professionals. As a result, finding employees for management is relatively easy here. Additionally, clientele from this area also have a more disposable income.
• East Milton – With an even higher cost of living than in the Village, the eastern part of town has a tendency to be home to some of the most well-to-do citizens of the town. This means that offices here can prosper off of the wealthy populace.
• Upper Mills – Sales and service-oriented people are well-represented in this area, which makes it a good choice for these types of businesses. This neighborhood is also fairly easy to get to by car.

Each of these neighborhoods match up with the town's most unique feature: the majority of residents work in positions that are white-collar; in fact, this town has more people working in computer and math-based fields than 95 percent of the United States.

Leasing Space for an Office in the Area

Are you thinking about leasing? Leasing is a fairly useful way of providing a space for your office that leaves you with some maneuverability. Firstly, leasing typically means that you'll be able to pay less in the initial stages of housing your business. While you may have to pay a broker's fee and a security deposit, this is typically far less than what you'd expect to pay if you were purchasing the space.

Also, if you lease, there is a good chance that you'll be able to find owners that will throw in things like utilities and maintenance fees. This makes for a fairly convenient setup that will cover two major expense considerations. Reducing overhead is really the name of the game, which is why many owners opt to lease a shared space. These spaces might include benefits like preexisting office furniture and other useful features as well.

Buying Space for an Office in the Area

Do you find that leasing feels a little too restrictive? If that's the case, you may want to purchase your office's space instead. This type of property is fairly beneficial for a business owner that wants a bit of stability because you'll typically be paying a mortgage that won't go up over time. While property taxes, insurance, utilities, and maintenance costs are all major considerations, in the long run, you can end up saving a lot of money, especially when you have paid off your lender for the cost of the property.

This property arrangement also provides some profitability as well; you can rent out other office units in the building, which means that you'll be generating cash flow as well. Finally, having property that's borrowable against builds equity, so when it's time to expand, you'll have an easier time.

Listing Office Space for Lease and Sale

Listing your space can take time, but having a brokerage in your corner can be very advantageous. Boston City Properties has been around for years and understands the market for spaces of this type. Utilize our licensed professionals to help you get your property leased or sold in short order so that you can make the profit you want. Call today at 617-247-1933.

Search Office Space