On average, listings lease in the $20's per square foot per year. The Edgewood submarket is seeing a an increase in rates. In the last 3 months, the median rate went up $26 per sqft per year.
Compared to the rest of the Greater Boston market, the Edgewood submarket has greater rates, and you'll have to negotiate above asking rent to be in this hot region.
In the last 90 days, 4 listings have been posted online, which means leases most likley are leasing quickly. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 600 sqft. Most properties in this area are close to 2 floors. Most buildings in this area were built in 1904 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Health care is the dominant industry in this market. Commute by bike is the most popular way to get to work amongst Edgewood folk. Commuting close to 20 minutes a day is the norm for those who opt to reside in this part of town.