The typical asking rate per listing is in the $0's per square foot per year. The Prudential - St. Botolph submarket is experiencing a decline in rates. In the last 3 months, the median rate fell $69 per sqft per year. That's a 100% decrease in rent.
In the last 90 days, 4 listings have been listed, which means listings are probably going fast. You'll want to be prepared to make an offer immediately. About 50% of the office spaces in the Prudential - St. Botolph 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 6,330 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this area are approximately 8 floors. Most buildings in this area were built in 1927 and are Class A.
A large portion of this region is residential, but there's plenty of office_space. Waste services is the dominant industry in this market. Most of the residents of Prudential - St. Botolph work from home. Commuting approximately an hour and a half a day is the norm for those who opt to reside in this part of town.