The typical asking rate per listing is in the $20's per square foot per year. The College Hill submarket is going through a an increase in rates. In the last 3 months, the median rate increased $30 per sqft per year. That's a Inf% rise in rent.
Compared to the rest of the Greater Boston market, the College Hill region has more expensive rates, and you'll have to negotiate above asking rent to be in this hot submarket.
In the last 90 days, 8 listings have been posted online, which means leases most likley are leasing quickly. You'll want to be prepared to make an offer immediately. 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 10,000 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this area are approximately 4 floors. Most buildings in this area were built in 1978 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Finance and insurance are the dominant industries in this market. Most of the folk of College Hill work from home. Commuting close to 15 minutes a day is the norm for those who opt to reside in this part of town.