Compared to the rest of the Greater Boston market, the Wellington region has more expensive rates, and you'll have to negotiate above asking rent to be in this hot region.
In the last 90 days, 21 listings have come on the market, which means listings might be going fast. You'll want to be prepared to make an offer immediately. About 24% of the available leases in the Wellington are subleases, so you might be able to snag a great spot on a short term. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
Even though the median size is 44,070 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this region are close to 5 stories. Most buildings in this market were built in 1989 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Professional services is the dominant industry in this region. Commute by public transit is the most popular way to get to work amongst Wellington occupants. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.
Real time and historical data on commercial real estate listings in Wellington.
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