On average, listings lease in the $20's per square foot per year. The River Corridor submarket is going through a a boost in rates. In the last 3 months, the median rate went up $25 per sqft per year.
Compared to the rest of the Greater Boston market, the River Corridor region has higher rates, and you'll have to negotiate above asking rent to be in this hot submarket.
In the last 90 days, 42 listings have been posted online, so you'll want to check back regularly for new listings. About 38% of the listings in the River Corridor 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.
Even though the median size is 2,590 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this area are close to 2 stories. Most buildings in this market were built in 1982 and are Class A.
A large portion of this market is residential, but there's plenty of office_space. Public administration is the dominant industry in this market. Commute by car is the most popular way to get to work amongst River Corridor folk. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.