On average, listings lease in the $90's per square foot per year. The Allston region is experiencing a a boost in rates. In the last 3 months, the median rate increased $60 per sqft per year. That's a 188% rise in rent.
Compared to the rest of the Greater Boston market, the Allston submarket has greater rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 1 listings have come on the market, which means new availabilities most likley are going fast. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 130 sqft. Most buildings in this region are around 5 floors. Most buildings in this area were built in 1930 and are Class A.
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 motorcycle is the most popular way to get to work amongst Allston occupants. Commuting around an hour a day is the norm for those who opt to reside in this part of town.