The typical asking rate per listing is in the $30's per square foot per year. The Long Wharf region is experiencing a a boost in rates. In the last 3 months, the median rate increased $36 per sqft per year.
In the last 90 days, 8 listings have been listed, which means office spaces are probably leasing quickly. You'll want to be prepared to make an offer immediately. About 13% of the available space in the Long Wharf 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 posted, so finding a space for a small business might be tough.
Even though the median size is 29,550 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this region are close to 9 stories. Most buildings in this market were built in 1972 and are Class A.
Manufacturing is the dominant industry in this region. Commute by car is the most popular way to get to work amongst Long Wharf occupants. Commuting approximately 30 minutes a day is the norm for those who opt to reside in this part of town.