The typical asking rate per listing is in the $30's per square foot per year. The Brookline submarket is going through a decrease in rates. In the last 3 months, the median rate decreased $3 per sqft per year. That's a 6% decrease in rent.
Compared to the rest of the Greater Boston market, the Brookline region has greater rates, and you'll have to negotiate above asking rent to be in this hot submarket.
In the last 90 days, 82 listings have come on the market, so you'll want to check back regularly for new listings. About 2% of the listings in the Brookline are subleases, so you will probably have to focus your search on direct office leases. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
Even though the median size is 4,130 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this region are around 3 stories. Most buildings in this area were built in 1970 and are Class B.
Real time and historical data on commercial real estate listings in Brookline.
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