On average, listings lease in the $20's per square foot per year. The Shrewsbury Street region is seeing a a boost in rates. In the last 3 months, the median rate rose $21 per sqft per year.
Compared to the rest of the Greater Boston market, the Shrewsbury Street region has less expensive rates, so you should have no trouble finding a great deal in this undervalued submarket.
In the last 90 days, 4 listings have been posted online, which means new availabilities most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. 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 1,000 sqft.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Construction is the dominant industry in this region. Most of the occupants of Shrewsbury Street work from home. Commuting approximately 10 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 Shrewsbury Street.
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