Most listings are in the $40's per square foot per year. The Needham submarket is going through a an increase in rates. In the last 3 months, the median rate went up $4 per sqft per year. That's a 8% increase in rent.
Compared to the rest of the Greater Boston market, the Needham region has higher rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 13 listings have come on the market, which means office spaces might be going fast. You'll want to be prepared to tour spaces as quick as possible. About 62% of the available space in the Needham 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 available, so finding a space for a small business might be tough.
Even though the median size is 5,900 sqft, there are still 0 leases below 2,000 sqft. Most properties in this market are close to 2 floors. Most buildings in this market were built in 1974 and are Class A.