The typical asking rate per listing is in the $60's per square foot per year. The Back Bay East submarket is going through a a rise in rates. In the last 3 months, the median rate increased $66 per sqft per year.
Compared to the rest of the Greater Boston market, the Back Bay East submarket has greater rates, and you'll need to pay a premium to be in this hot region.
In the last 90 days, 14 listings have been listed, which means spaces most likley are going fast. You'll want to be prepared to make an offer immediately. About 100% of the available leases in the Back Bay East are subleases, so you might be able to find a shorter term or below market rent. 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 11,960 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this region are approximately 6 stories. Most buildings in this region were built in 1920 and are Class A.
A large portion of this market is residential, but there's plenty of office_space. Public administration is the dominant industry in this market. Commute by public transit is the most popular way to get to work amongst Back Bay East folk. Commuting around 20 minutes a day is the norm for those who opt to reside in this part of town.