Most listings are in the $80's per square foot per year. The Back Bay submarket is going through a an increase in rates. In the last 3 months, the median rate rose $8 per sqft per year. That's a 11% increase in rent.
Compared to the rest of the Greater Boston market, the Back Bay submarket has higher rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 12 listings have come on the market, which means spaces most likley are leasing quickly. You'll want to be prepared to make an offer immediately. About 17% of the available leases in the Back Bay 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 posted, so finding a space for a small business might be tough.
Even though the median size is 5,940 sqft, there are still 0 listings below 2,000 sqft. Most properties in this region are close to 6 stories. Most buildings in this market were built in 1925 and are Class A.
A large portion of this region is residential, but there's plenty of office_space. Arts, entertainment, and restaurants are the dominant industries in this area. Most of the occupants of Back Bay work from home. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.