On average, listings lease in the $20's per square foot per year. The South End submarket is seeing a an increase in rates. In the last 3 months, the median rate went up $20 per sqft per year.
In the last 90 days, 4 listings have come on the market, which means listings might be leasing quickly. You'll want to be prepared to make an offer immediately. About 50% of the available space in the South End 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.
The standard measurement for office space in this area is around 1,170 sqft. Most properties in this market are close to 4 floors. Most buildings in this market were built in 1888 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Utilities is the dominant industry in this region. Commute by walking is the most popular way to get to work amongst South End residents. Commuting approximately 15 minutes a day is the norm for those who opt to reside in this part of town.