On average, listings lease in the $50's per square foot per year. The South Side region is going through a a boost in rates. In the last 3 months, the median rate went up $51 per sqft per year.
Compared to the rest of the Greater Boston market, the South Side region has higher rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 10 listings have been listed, which means new listings might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 10% of the office spaces in the South Side are subleases, so you will probably need to sign a longer term lease with the landlord directly. 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 12,500 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this area are close to 2 stories. Most buildings in this market were built in 1900 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Health care is the dominant industry in this region. Most of the residents of South Side work from home. Commuting between 20 and 25 minutes a day is the norm for those who opt to reside in this part of town.