Compared to the rest of the Greater Boston market, the Back Bay submarket has higher rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 19 listings have come on the market, which means office spaces are probably going fast. You'll want to be prepared to tour spaces as quick as possible. About 11% of the available leases in the Back Bay 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 available, so finding a space for a small business might be tough.
Even though the median size is 27,640 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this market are close to 6 stories. Most buildings in this market were built in 1923 and are Class A.
A large portion of this market is residential, but there's plenty of office_space. Arts, entertainment, and restaurants are the dominant industries in this region. Most of the occupants of Back Bay work from home. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.