The typical asking rate per listing is in the $50's per square foot per year. The Seaport District submarket is experiencing a an increase in rates. In the last 3 months, the median rate went up $51 per sqft per year.
Compared to the rest of the Greater Boston market, the Seaport District submarket has higher rates, and you'll have to negotiate above asking rent to be in this hot submarket.
In the last 90 days, 0 listings have been made available, which means new listings are probably going fast. You'll want to be prepared to tour spaces as quick as possible. About Inf% of the office spaces in the Seaport District 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.
Even though the median size is 6,150 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this area are close to 8 floors. Most buildings in this market were built in 1919 and are Class A.
Utilities is the dominant industry in this region. Commute by taxi is the most popular way to get to work amongst Seaport District folk. Commuting close to 30 minutes a day is the norm for those who opt to reside in this part of town.