The typical asking rate per listing is in the $50's per square foot per year. The Cambridge Highlands region is going through a a boost in rates. In the last 3 months, the median rate rose $24 per sqft per year. That's a 66% increase in rent.
Compared to the rest of the Greater Boston market, the Cambridge Highlands region has greater rates, and you'll need to pay a premium to be in this hot region.
In the last 90 days, 7 listings have been made available, which means listings most likley are leasing quickly. You'll want to be prepared to make an offer immediately. About 14% of the office spaces in the Cambridge Highlands are subleases, so you might be able to find a shorter term or below market rent. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 320 sqft. Most buildings in this region are around 2 stories. Most buildings in this area were built in 1978 and are Class A.
A large portion of this market is residential, but there's plenty of office_space. Professional services is the dominant industry in this area. Commute by public transit is the most popular way to get to work amongst Cambridge Highlands folk. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.