On average, listings lease in the $50's per square foot per year. The Kenmore submarket is going through a a boost in rates. In the last 3 months, the median rate went up $56 per sqft per year. That's a Inf% rise in rent.
Compared to the rest of the Greater Boston market, the Kenmore submarket has more expensive rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 2 listings have been listed, which means new listings most likley are leasing quickly. You'll want to be prepared to make an offer immediately. 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 6,060 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this area are close to 8 stories. Most buildings in this region were built in 1928 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Waste services is the dominant industry in this area. Commute by car is the most popular way to get to work amongst Kenmore residents. Commuting around 10 minutes a day is the norm for those who opt to reside in this part of town.