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

21-story Class A office building offering covered parking, updated lobby and common areas, and efficient column-free floor plates.

Property Size4,418 SF
Days on Market1259

Property Features for 50 Milk St

General Information

Standard status Active
Size 4,418 SF
Class A
Total Parking Spaces 101
Property subtype OFFICE

Amenities

on-site coffee
banking
café
bike storage

Building Details

Stories 21
Tenancy Multi
Listing Agency: CBRE | Boston
Listed By: John Barry
Source: Moodyscre
Added: Feb 17, 2023 Changed: Jul 28 Last Checked: Jul 29 at 12:02PM

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 totaling 284,000 square feet. The property features efficient floor plates with column-free layouts from east to west walls and 12-foot slab-to-slab heights. Updated common areas and the lobby are included, and the building is LEED Silver certified.

The building is located at the corner of Milk Street and Devonshire Street in Boston’s Financial District. It offers above-ground, on-site covered parking with 101 covered spaces, along with bike storage.

Tenant amenities include on-site coffee, banking, and a café, supporting convenient day-to-day operations.

Key Highlights

  • 21‑story, 284,000 SF Class A office building in Boston’s Financial District
  • 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 and 12' slab‑to‑slab

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

Multi-tenant
Tenancy
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 offering covered parking, updated lobby and common areas, and efficient column-free floor plates.
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, 284,000 SF Class A office building in Boston’s Financial District; 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 and 12' slab‑to‑slab
(617) 439-7820 Call to check price and availability
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