Most listings are in the $40's per square foot per year. The D Street - West Broadway submarket is experiencing a decrease in rates. In the last 3 months, the median rate fell $28 per sqft per year. That's a 37% decline in rent.
Compared to the rest of the Greater Boston market, the D Street - West Broadway submarket has greater rates, and you'll have to negotiate above asking rent to be in this hot submarket.
In the last 90 days, 6 listings have come on the market, which means new listings are probably going fast. You'll want to be prepared to tour spaces as quick as possible. About 33% of the available leases in the D Street - West Broadway are subleases, so you might be able to snag a great spot on a short term. 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 5,620 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this region are around 7 floors. Most buildings in this area were built in 1918 and are Class B.
A large portion of this area is residential, but there's plenty of office_space. Arts, entertainment, and restaurants are the dominant industries in this market. Commute by taxi is the most popular way to get to work amongst D Street - West Broadway occupants. Commuting around 20 minutes a day is the norm for those who opt to reside in this part of town.