On average, listings lease in the $40's per square foot per year. The Hudson region is experiencing a a rise in rates. In the last 3 months, the median rate went up $43 per sqft per year.
Compared to the rest of the Greater Boston market, the Hudson region has greater rates, and you'll have to negotiate above asking rent to be in this hot region.
In the last 90 days, 19 listings have come on the market, which means new listings are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 5% of the office spaces in the Hudson are subleases, so you will probably need to consider the implications of signing a direct lease with the building. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 230 sqft. Most properties in this area are close to 2 floors. Most buildings in this area were built in 1988 and are Class C.
Real time and historical data on commercial real estate listings in Hudson.
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