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Class A Office Building
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50 Milk St, Boston, MA 02108

21-story Class A office building with efficient, column-free floor plates and on-site covered parking.

Property Size7,610 SF
Days on Market1259

Property Features for 50 Milk St

General Information

Standard status Active
Size 7,610 SF
Property subtype OFFICE
Listing Agency: CBRE | Boston
Listed By: John Barry
Source: Moodyscre
Added: Feb 17, 2023 Changed: Jul 27 Last Checked: Jul 29 at 4:07PM

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 CBRE | Boston

Investment Insights

Based on property information with market context.

50 Milk Street is a 21-story, Class A office building offering efficient floor plates designed to support tenant identity and presence. The building includes column-free floors from east to west walls with 12-foot slab-to-slab heights, along with updated common areas and lobby. 50 Milk Street is LEED Silver certified.

Located at the corner of Milk Street and Devonshire Street in Boston’s Financial District, the property is surrounded by hotels, restaurants, and major transportation hubs. Tenants can also take advantage of on-site amenities including coffee, banking, and a café.

The building features 101 covered parking spaces and provides bike storage. Floor plates are approximately 16,000 square feet, supporting a range of office layouts while maintaining open, column-free floor spans.

Key Highlights

  • 21‑story Class A office building totaling 284,000 SF in Boston’s Financial District
  • Located at the corner of Milk Street and Devonshire Street, with views of the Charles River and Boston Common
  • Efficient 16,000 SF floor plates with column‑free floors from east to west walls

Property Analytics

Current Use

Datto Inc Tech Support Center Tole Medical Group Medical Group Temper And Forge, LLC Marketing & Advertising SS&C Technologies Inc (Bike/Boat/Book/etc) Store SS&C Eze (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick HVAC Service Clothing & Fashion Store Butcher Buffet Tanning Salon (Bike/Boat/Book/etc) Store

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

$28.5 /SF/Yr
Avg Asking Price
$20–$32 /SF/Yr
Price Range
5,048 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 - 21-story Class A office building with efficient, column-free floor plates and on-site covered parking.
Where is this office building located?
The property is located at 50 Milk St Boston, MA.
What are key features of this property?
This property features: 21‑story Class A office building totaling 284,000 SF in Boston’s Financial District; Located at the corner of Milk Street and Devonshire Street, with views of the Charles River and Boston Common; Efficient 16,000 SF floor plates with column‑free floors from east to west walls
(617) 439-7820 Call to check price and availability
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