The typical asking rate per listing is in the $10's per square foot per year. The River Corridor region is experiencing a decline in rates. In the last 3 months, the median rate fell $0 per sqft per year. That's a 0% decline in rent.
Compared to the rest of the Greater Boston market, the River Corridor submarket has less expensive rates, so you should have no trouble finding a great deal in this undervalued region.
In the last 90 days, 42 listings have been posted online, so you'll want to check back regularly for new listings. About 2% of the available space in the River Corridor are subleases, so you will probably need to consider the implications of signing a direct lease with the building. 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 4,220 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this market are approximately 2 stories. Most buildings in this market were built in 1982 and are Class A.
A large portion of this area is residential, but there's plenty of office_space. Public administration is the dominant industry in this area. Commute by car is the most popular way to get to work amongst River Corridor occupants. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.