Most listings are in the $20's per square foot per year. The Medford submarket is seeing a decline in rates. In the last 3 months, the median rate decreased $5 per sqft per year. That's a 16% decrease in rent.
Compared to the rest of the Greater Boston market, the Medford region has more expensive rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 14 listings have come on the market, 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.
Even though the median size is 9,750 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this region are close to 5 stories. Most buildings in this region were built in 1990 and are Class A.