The typical asking rate per listing is in the $20's per square foot per year. The West End region is experiencing a decline in rates. In the last 3 months, the median rate decreased $3 per sqft per year. That's a 9% decrease in rent.
Compared to the rest of the Greater Boston market, the West End region has higher rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 1 listings have been posted online, which means listings are probably going fast. You'll want to be prepared to tour spaces as quick as possible. About 400% of the office spaces in the West End 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 on the market, so finding a space for a small business might be tough.
Even though the median size is 10,580 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this region are around 4 floors. Most buildings in this area were built in 1980 and are Class A.
Wholesale trade is the dominant industry in this area. Commute by car is the most popular way to get to work amongst West End folk. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.