Compared to the rest of the Greater Boston market, the Upper Washington - Spring Street region has lower rates, so you should have no trouble finding a great deal in this depreciated submarket.
In the last 90 days, 21 listings have come on the market, which means listings most likley are leasing quickly. You'll want to be prepared to make an offer immediately. About 19% of the available leases in the Upper Washington - Spring Street are subleases, so you might be able to find a shorter term or below market rent. 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 1,640 sqft. Most properties in this region are approximately 3 stories. Most buildings in this market were built in 1981 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Education is the dominant industry in this market. Commute by public transit is the most popular way to get to work amongst Upper Washington - Spring Street residents. Commuting between 20 and 25 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 Upper Washington - Spring Street.
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