Most listings are in the $10's per square foot per year. The Kennedy submarket is seeing a decline in rates. In the last 3 months, the median rate fell $7 per sqft per year. That's a 30% decrease in rent.
In the last 90 days, 47 listings have been posted online, so you'll want to check back regularly for new listings. About 23% of the office spaces in the Kennedy are subleases, so you might be able to snag a great spot on a short term. 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 3,320 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this market are close to 5 stories. Most buildings in this region were built in 1979 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Arts, entertainment, and restaurants are the dominant industries in this area. Most of the folk of Kennedy work from home. Commuting approximately an hour and a half a day is the norm for those who opt to reside in this part of town.