The typical asking rate per listing is in the $20's per square foot per year. The Highlands submarket is going through a a rise in rates. In the last 3 months, the median rate increased $26 per sqft per year.
Compared to the rest of the Greater Boston market, the Highlands submarket has higher rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 17 listings have been made available, which means listings might be going fast. You'll want to be prepared to make an offer immediately. 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 8,150 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this area are approximately 4 floors. Most buildings in this market were built in 1984 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Professional services is the dominant industry in this region. Commute by walking is the most popular way to get to work amongst Highlands occupants. Commuting close to 30 minutes a day is the norm for those who opt to reside in this part of town.