The typical asking rate per listing is in the $150's per square foot per year. The North Common submarket is experiencing a a boost in rates. In the last 3 months, the median rate went up $157 per sqft per year.
Compared to the rest of the Greater Boston market, the North Common submarket has higher rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 6 listings have been posted online, which means spaces most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. 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 1,200 sqft. Most buildings in this market are close to 6 stories. Most buildings in this market were built in 1900 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 region. Most of the occupants of North Common work from home. Commuting close to an hour a day is the norm for those who opt to reside in this part of town.