The typical asking rate per listing is in the $20's per square foot per year. The North Common submarket is seeing a an increase in rates. In the last 3 months, the median rate increased $21 per sqft per year.
Compared to the rest of the Greater Boston market, the North Common submarket has smaller rates, so you should have no trouble finding a great deal in this undervalued region.
In the last 90 days, 30 listings have been listed, which means spaces are probably going fast. You'll want to be prepared to make an offer immediately. 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 1,360 sqft. Most properties in this region are around 5 stories. Most buildings in this market were built in 1903 and are Class C.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Utilities is the dominant industry in this market. Most of the occupants of North Common work from home. Commuting around an hour a day is the norm for those who opt to reside in this part of town.