On average, listings lease in the $10's per square foot per year. The Pettigru Historic District submarket is seeing a decline in rates. In the last 3 months, the median rate fell $7 per sqft per year. That's a 31% decrease in rent.
In the last 90 days, 7 listings have been posted online, which means leases most likley are going fast. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 2,370 sqft. Most buildings in this market are around 2 floors. Most buildings in this market were built in 1970 and are Class B.
A large portion of this region is residential, but there's plenty of office_space. Finance and insurance are the dominant industries in this market. Commute by walking is the most popular way to get to work amongst Pettigru Historic District residents. Commuting between 20 and 25 minutes a day is the norm for those who opt to reside in this part of town.