On average, listings lease in the $60's per square foot per year. The Prudential - St. Botolph region is experiencing a a rise in rates. In the last 3 months, the median rate rose $70 per sqft per year.
Compared to the rest of the Greater Boston market, the Prudential - St. Botolph submarket has higher rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 5 listings have been listed, which means new availabilities most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. About 20% of the office spaces in the Prudential - St. Botolph are subleases, so you might be able to snag a great spot on a short term. 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 27,640 sqft, there are still 0 listings below 2,000 sqft. Most properties in this region 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 area. Most of the occupants of Prudential - St. Botolph work from home. Commuting close to an hour and a half a day is the norm for those who opt to reside in this part of town.