On average, listings lease in the $20's per square foot per year. The Newton Upper Falls submarket is seeing a a boost in rates. In the last 3 months, the median rate went up $26 per sqft per year. That's a Inf% increase in rent.
Compared to the rest of the Greater Boston market, the Newton Upper Falls region has more expensive rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 1 listings have been listed, which means office spaces are probably leasing quickly. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 2,000 sqft. Most properties in this market are around 4 stories. Most buildings in this region were built in 1985 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Manufacturing is the dominant industry in this area. Most of the folk of Newton Upper Falls work from home. Commuting under 5 minutes a day is the norm for those who opt to reside in this part of town.