The typical asking rate per listing is in the $30's per square foot per year. The Malden region is seeing a a rise in rates. In the last 3 months, the median rate rose $3 per sqft per year. That's a 11% increase in rent.
Compared to the rest of the Greater Boston market, the Malden region has greater rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 19 listings have been made available, which means leases might be going fast. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 500 sqft. Most properties in this area are approximately 4 floors. Most buildings in this market were built in 1920 and are Class B.