Compared to the rest of the Greater Boston market, the Back Bay submarket has greater rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 19 listings have been made available, which means listings most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 11% of the available space in the Back Bay are subleases, so you might be able to sign a shorter term by taking over a previous lease. 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 34,940 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this market are close to 6 stories. Most buildings in this area were built in 1923 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 market. 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.