Most listings are in the $30's per square foot per year. The Oak Square region is going through a a boost in rates. In the last 3 months, the median rate increased $32 per sqft per year.
Compared to the rest of the Greater Boston market, the Oak Square submarket has more expensive rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 0 listings have been made available, which means leases most likley are leasing quickly. You'll want to be prepared to make an offer immediately. About Inf% of the listings in the Oak Square 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 available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 900 sqft. Most properties in this area are close to 8 stories. Most buildings in this area were built in 1925 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Wholesale trade is the dominant industry in this market. Commute by car is the most popular way to get to work amongst Oak Square folk. Commuting close to an hour a day is the norm for those who opt to reside in this part of town.