The typical asking rate per listing is in the $40's per square foot per year. The College Hill submarket is experiencing a an increase in rates. In the last 3 months, the median rate rose $47 per sqft per year.
Compared to the rest of the Greater Boston market, the College Hill region has greater rates, and you'll have to negotiate above asking rent to be in this hot region.
In the last 90 days, 0 listings have come on the market, which means listings most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. About Inf% of the office spaces in the College Hill are subleases, so you might be able to find a shorter term or below market rent. 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 590 sqft. Most properties in this region are close to 4 floors. Most buildings in this market were built in 1978 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Finance and insurance are the dominant industries in this region. Most of the occupants of College Hill work from home. Commuting around 15 minutes a day is the norm for those who opt to reside in this part of town.