The typical asking rate per listing is in the $20's per square foot per year. The Woods Corner region is going through a decline in rates. In the last 3 months, the median rate fell $17 per sqft per year. That's a 39% decrease in rent.
Compared to the rest of the Greater Boston market, the Woods Corner submarket has higher rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 8 listings have been posted online, which means spaces are probably leasing quickly. You'll want to be prepared to make an offer immediately. About 38% of the available space in the Woods Corner 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 8,010 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this region are close to 4 stories. Most buildings in this region were built in 1985 and are Class A.
This market is fairly equally mixed residential and commercial. Education is the dominant industry in this market. Commute by walking is the most popular way to get to work amongst Woods Corner occupants. Commuting between 20 and 25 minutes a day is the norm for those who opt to reside in this part of town.