Most listings are in the $70's per square foot per year. The Back Bay East region is going through a decline in rates. In the last 3 months, the median rate fell $17 per sqft per year. That's a 18% decline in rent.
Compared to the rest of the Greater Boston market, the Back Bay East region has greater rates, and you'll have to negotiate above asking rent to be in this hot region.
In the last 90 days, 7 listings have come on the market, which means leases are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. 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 5,940 sqft, there are still 0 listings below 2,000 sqft. Most buildings 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 market is residential, but there's plenty of office_space. Public administration is the dominant industry in this region. Commute by public transit is the most popular way to get to work amongst Back Bay East folk. Commuting around 20 minutes a day is the norm for those who opt to reside in this part of town.