On average, listings lease in the $20's per square foot per year. The Eliot submarket is seeing a a boost in rates. In the last 3 months, the median rate rose $25 per sqft per year.
In the last 90 days, 3 listings have been listed, which means listings might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 200% of the office spaces in the Eliot are subleases, so you might be able to sign a shorter term by taking over a previous lease. 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 3,520 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this market are close to 9 stories. Most buildings in this region were built in 1982 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Utilities is the dominant industry in this area. Commute by public transit is the most popular way to get to work amongst Eliot residents. Commuting around an hour and a half a day is the norm for those who opt to reside in this part of town.