On average, listings lease in the $30's per square foot per year. The Auburndale submarket is seeing a an increase in rates. In the last 3 months, the median rate increased $40 per sqft per year.
Compared to the rest of the Greater Boston market, the Auburndale submarket has greater rates, and you'll need to pay a premium to be in this hot region.
In the last 90 days, 3 listings have been posted online, which means office spaces most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,540 sqft. Most buildings in this area were built in 2000.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Information is the dominant industry in this market. Commute by public transit is the most popular way to get to work amongst Auburndale residents. Commuting under 5 minutes a day is the norm for those who opt to reside in this part of town.