On average, listings lease in the $20's per square foot per year. The Cowesett submarket is seeing a a boost in rates. In the last 3 months, the median rate went up $7 per sqft per year. That's a 37% increase in rent.
Compared to the rest of the Greater Boston market, the Cowesett submarket has greater rates, and you'll have to negotiate above asking rent to be in this hot submarket.
In the last 90 days, 6 listings have been posted online, which means office spaces most likley are going fast. You'll want to be prepared to make an offer immediately. 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 11,100 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this region are around 2 stories. Most buildings in this region 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. Information is the dominant industry in this region. Commute by walking is the most popular way to get to work amongst Cowesett folk. Commuting under 5 minutes a day is the norm for those who opt to reside in this part of town.