Most listings are in the $90's per square foot per year. The Back Bay East submarket is going through a a boost in rates. In the last 3 months, the median rate increased $22 per sqft per year. That's a 31% increase in rent.
Compared to the rest of the Greater Boston market, the Back Bay East region has more expensive rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 8 listings have been listed, which means spaces might be leasing quickly. 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.
Even though the median size is 5,940 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this area are around 6 floors. Most buildings in this region were built in 1923 and are Class A.
A large portion of this area is residential, but there's plenty of office_space. Public administration is the dominant industry in this region. Commute by public transit is the most popular way to get to work amongst Back Bay East folk. Commuting around 20 minutes a day is the norm for those who opt to reside in this part of town.