Most listings are in the $20's per square foot per year. The Chinatown - Leather District region is experiencing a a boost in rates. In the last 3 months, the median rate increased $25 per sqft per year.
Compared to the rest of the Greater Boston market, the Chinatown - Leather District submarket has greater rates, and you'll have to negotiate above asking rent to be in this hot region.
In the last 90 days, 1 listings have come on the market, which means leases might be leasing quickly. 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.
Even though the median size is 3,700 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this area are close to 6 stories. Most buildings in this market were built in 1910 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Public administration is the dominant industry in this area. Commute by walking is the most popular way to get to work amongst Chinatown - Leather District residents. Commuting close to 30 minutes a day is the norm for those who opt to reside in this part of town.