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Renovated Downtown Office Building
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28 State St, Boston, MA 02108

Forty-story office building with a flame-cut granite exterior recently fully renovated for retail, bank, and restaurant tenants.

Space Size3,864 SF
Days on Market970

Property Features for 28 State St

General Information

Standard status Active
Size 3,864 SF
Property subtype OFFICE

Building Details

Year Built 1968
Year Renovated 1997
Stories 40
Construction flame cut granite

Spaces For Lease

at 28 State St Contact us

28 State Street

Floor
23
Size
3,864 SF
Type
OFFICE
Rate
Contact for pricing
Lease Type
GROSS
Availability
AVAILABLE, Now
Sublease
No
- A 40 story building with a flame cut granite exterior located adjacent to Government...
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Listing Agency: Cushman & Wakefield | Boston
Listed By: Thomas O'Regan
Source: Moodyscre
Added: Jan 12, 2024 Changed: Aug 26 Last Checked: Sep 8 at 10:59AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Cushman & Wakefield | Boston

Investment Insights

Based on property information with market context.

This forty-story commercial building features a flame cut granite exterior and was recently fully renovated. The building supports a mix of uses including retail, bank, and restaurants.

The property is located at 28 State St in Boston and sits adjacent to Government Center and Faneuil Hall.

Built in 1968 with renovations completed in 1997, the building’s current configuration is suited to tenants seeking space within a renovated, high-rise downtown setting.

Key Highlights

  • Forty‑story office building with a flame‑cut granite exterior
  • Recently fully renovated building for retail, bank, and restaurant tenants
  • Located adjacent to Government Center and Faneuil Hall

Property Analytics

Current Use

Mc Dermott Will ... Law Firm Hinckley Allen Law Firm Boston Insurance Brokerage Insurance Agency MICHAEL J. CONNOLLY Law Firm Cooper Howard M Law Firm

Suggested Use

Top Pick HVAC Service Pet Grooming Service Clothing & Fashion Store Butcher Buffet Tanning Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

28,847
Businesses Nearby

Demographics for 02108, MA

4,228
Population
2,473
Households
1.7
Avg Household Size
38
Median Age
77%
College-Educated
100%
High-School Grad
0.3 sq mi
ZIP Area
14,093
Density / Sq Mi
$212,664
Median Household Income
$95,688
Median Earnings
$2,692
Median Rent
$1,570,400
Median Home Value

Market

Lease Benchmarks for Boston, MA

$31.17 /SF/Yr
Avg Asking Price
$20–$55 /SF/Yr
Price Range
29,472 SF
Avg Space Size

Vacancy Rate% for Office in Boston, MA

9.1% 2019
12.4% 2020
10.8% 2021
12.5% 2022
15.1% 2023
17% 2024
18.2% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Forty-story office building with a flame-cut granite exterior recently fully renovated for retail, bank, and restaurant tenants.
Where is this office building located?
The property is located at 28 State St Boston, MA.
What are key features of this property?
This property features: Forty‑story office building with a flame‑cut granite exterior; Recently fully renovated building for retail, bank, and restaurant tenants; Located adjacent to Government Center and Faneuil Hall
(617) 330-6966 Call to check price and availability
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