With Boston rents for prime office space always fluctuating, many businesses are looking for an alternative. There are numerous advantages in owning an office condo versus just leasing one.

First, owning space stabilizes expenses by locking in occupancy cost, provides financial freedom and has the potential to drastically increase one's net worth through the appreciation of real estate.

Secondly, there are tremendous tax advantages of owning real estate instead of leasing and paying rent to a landlord.

Lastly, buying a condo is less expensive and risky than buying an entire building. Office ownership is a very attractive option for businesses that understand the value of creating assets, not liabilities.