The typical asking rate per listing is in the $70's per square foot per year. The Seaport District submarket is going through a a rise in rates. In the last 3 months, the median rate went up $75 per sqft per year. That's a Inf% increase in rent.
Compared to the rest of the Greater Boston market, the Seaport District region has greater rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 19 listings have been posted online, which means spaces might be leasing quickly. You'll want to be prepared to make an offer immediately. About 5% of the available leases in the Seaport District are subleases, so you will probably have to consider a longer term 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 25,500 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this area are around 8 floors. Most buildings in this market were built in 1920 and are Class A.
Utilities is the dominant industry in this market. Commute by taxi is the most popular way to get to work amongst Seaport District folk. Commuting approximately 30 minutes a day is the norm for those who opt to reside in this part of town.