The typical asking rate per listing is in the $30's per square foot per year. The Needham submarket is experiencing a a boost in rates. In the last 3 months, the median rate increased $33 per sqft per year. That's a Inf% rise in rent.
Compared to the rest of the Greater Boston market, the Needham 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, 9 listings have been listed, which means leases might be leasing quickly. You'll want to be prepared to make an offer immediately. About 11% of the office spaces in the Needham 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 6,170 sqft, there are still 0 listings below 2,000 sqft. Most properties in this area are approximately 2 stories. Most buildings in this region were built in 1974 and are Class A.