Compared to the rest of the Greater Boston market, the St. Elizabeth's region has greater rates, and you'll have to negotiate above asking rent to be in this hot submarket.
In the last 90 days, 18 listings have been posted online, which means office spaces are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 6% of the available space in the St. Elizabeth's 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 on the market, so finding a space for a small business might be tough.
Even though the median size is 12,400 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this market are approximately 11 stories. Most buildings in this market were built in 1987.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Real estate is the dominant industry in this region. Commute by walking is the most popular way to get to work amongst St. Elizabeth's residents. Commuting more than an hour and a half 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 St. Elizabeth's.
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