Class A Office
For Lease
Contact for pricing
53 State St, Boston, MA 02109
Class A office tower at a major downtown intersection with heavy daily car traffic and strong MBTA ridership.
Property Size11,191 SF
Days on Market448
Property Features for 53 State St
General Information
Standard status
Active
Size
11,191 SF
Class
A
Property subtype
OFFICE
Building Details
Building Size
1,240,000 SF
Listing Agency:
Newmark | Boston
(617) 863-8525
Listed By:
David Martel
Source:
Moodyscre
Added: May 9, 2025
Changed: Jul 30
Last Checked: Jul 30 at 6:08AM
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 Newmark | Boston
Investment Insights
Based on property information with market context.
This Class A office tower is part of Exchange Place, a Boston commercial landmark with more than 120 years in the city’s business sector. The property totals 1.24 million square feet and is described as home to a number of the city’s prestigious companies with headquarters in the building.
The tower is located at the intersection of State Street and Congress Street, one of Boston’s busiest intersections. The area includes an estimated 4.5 million square feet of Class A office space within the State & Congress Micro Market. Traffic and transit presence are notable, with over 26,000 cars per day driving by the site and over 24,000 total daily MBTA entries at State Street and Government Center.
The tower is located at the intersection of State Street and Congress Street, one of Boston’s busiest intersections. The area includes an estimated 4.5 million square feet of Class A office space within the State & Congress Micro Market. Traffic and transit presence are notable, with over 26,000 cars per day driving by the site and over 24,000 total daily MBTA entries at State Street and Government Center.
Key Highlights
- 1.24 million square foot Class A office tower
- More than 120 years as part of Boston’s commercial sector
- At State Street and Congress Street intersection
Property Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
24,086
Businesses Nearby
Explore this area
Business Placement
Demographics for 02109, MA
3,921
Population
2,719
Households
1.4
Avg Household Size
36
Median Age
88%
College-Educated
97%
High-School Grad
0.2 sq mi
ZIP Area
19,605
Density / Sq Mi
$177,500
Median Household Income
$100,889
Median Earnings
$3,501
Median Rent
$1,007,200
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Class A office tower at a major downtown intersection with heavy daily car traffic and strong MBTA ridership.
Where is this office building located?
The property is located at 53 State St Boston, MA.
What are key features of this property?
This property features: 1.24 million square foot Class A office tower; More than 120 years as part of Boston’s commercial sector; At State Street and Congress Street intersection
