Most listings are in the $40's per square foot per year. The Charlestown region is experiencing a an increase in rates. In the last 3 months, the median rate increased $42 per sqft per year. That's a Inf% rise in rent.
Compared to the rest of the Greater Boston market, the Charlestown submarket has greater rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 4 listings have been listed, which means listings might be leasing quickly. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
Even though the median size is 4,300 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this area are approximately 6 floors. Most buildings in this region were built in 1980 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Education is the dominant industry in this market. Commute by car is the most popular way to get to work amongst Charlestown residents. Commuting under 5 minutes a day is the norm for those who opt to reside in this part of town.