The typical asking rate per listing is in the $20's per square foot per year. The Cambridge Highlands region is experiencing a a rise in rates. In the last 3 months, the median rate increased $26 per sqft per year. That's a Inf% increase in rent.
Compared to the rest of the Greater Boston market, the Cambridge Highlands submarket has higher rates, and you'll have to negotiate above asking rent to be in this hot region.
In the last 90 days, 2 listings have been posted online, which means office spaces most likley are going fast. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
Even though the median size is 11,130 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this area are approximately 3 floors. Most buildings in this area were built in 1983 and are Class A.
A large portion of this area is residential, but there's plenty of office_space. Professional services is the dominant industry in this area. Commute by public transit is the most popular way to get to work amongst Cambridge Highlands residents. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.