The typical asking rate per listing is in the $40's per square foot per year. The Woods Corner region is going through a an increase in rates. In the last 3 months, the median rate rose $17 per sqft per year. That's a 67% rise in rent.
Compared to the rest of the Greater Boston market, the Woods Corner submarket has more expensive rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 7 listings have come on the market, which means office spaces might be leasing quickly. You'll want to be prepared to make an offer immediately. About 43% of the available space in the Woods Corner 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 on the market, so finding a space for a small business might be tough.
Even though the median size is 12,550 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this region are around 4 stories. Most buildings in this market were built in 1985 and are Class A.
This region is fairly equally mixed residential and commercial. Education is the dominant industry in this area. Commute by walking is the most popular way to get to work amongst Woods Corner occupants. Commuting between 20 and 25 minutes a day is the norm for those who opt to reside in this part of town.