The typical asking rate per listing is in the $30's per square foot per year. The Long Wharf region is seeing a a boost in rates. In the last 3 months, the median rate rose $36 per sqft per year.
In the last 90 days, 8 listings have been posted online, which means new availabilities might be leasing quickly. You'll want to be prepared to make an offer immediately. About 13% of the available leases in the Long Wharf 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.
Even though the median size is 29,550 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this region are around 9 floors. Most buildings in this market were built in 1972 and are Class A.
Manufacturing is the dominant industry in this area. Commute by car is the most popular way to get to work amongst Long Wharf folk. Commuting around 30 minutes a day is the norm for those who opt to reside in this part of town.