The typical asking rate per listing is in the $30's per square foot per year. The Long Wharf region is seeing a an increase in rates. In the last 3 months, the median rate rose $37 per sqft per year.
In the last 90 days, 16 listings have been listed, which means new availabilities might be going fast. You'll want to be prepared to tour spaces as quick as possible. About 6% of the available space in the Long Wharf 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 available, so finding a space for a small business might be tough.
Even though the median size is 13,520 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this market are around 9 floors. Most buildings in this region were built in 1972 and are Class A.
Manufacturing is the dominant industry in this area. Commute by car is the most popular way to get to work amongst Long Wharf folk. Commuting approximately 30 minutes a day is the norm for those who opt to reside in this part of town.