On average, listings lease in the $30's per square foot per year. The State Street region is experiencing a a rise in rates. In the last 3 months, the median rate went up $34 per sqft per year.
In the last 90 days, 2 listings have come on the market, which means new availabilities are probably 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 on the market, so finding a space for a small business might be tough.
Even though the median size is 4,170 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this region are around 4 stories. Most buildings in this market were built in 1963 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 bike is the most popular way to get to work amongst State Street residents. Commuting between 20 and 25 minutes a day is the norm for those who opt to reside in this part of town.