Most listings are in the $90's per square foot per year. The Washington Square region is experiencing a an increase in rates. In the last 3 months, the median rate went up $95 per sqft per year.
Compared to the rest of the Greater Boston market, the Washington Square submarket has higher rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 2 listings have been listed, which means office spaces are probably leasing quickly. You'll want to be prepared to make an offer immediately. About 100% of the available leases in the Washington Square 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 posted, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 100 sqft.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Waste services is the dominant industry in this area. Most of the folk of Washington Square work from home. 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 Washington Square.
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