The typical asking rate per listing is in the $10's per square foot per year. The Back Cove region is experiencing a an increase in rates. In the last 3 months, the median rate increased $20 per sqft per year.
In the last 90 days, 0 listings have been listed, which means office spaces most likley are leasing quickly. You'll want to be prepared to make an offer immediately. About NaN% of the office spaces in the Back Cove are subleases, so you will probably have to focus your search on direct office leases. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
Even though the median size is 3,230 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this region are approximately 1 stories. Most buildings in this market were built in 1940 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Real estate is the dominant industry in this market. Commute by walking is the most popular way to get to work amongst Back Cove occupants. Commuting under 5 minutes a day is the norm for those who opt to reside in this part of town.