On average, listings lease in the $70's per square foot per year. The Downtown Boston region is going through a a rise in rates. In the last 3 months, the median rate rose $8 per sqft per year. That's a 11% increase in rent.
Compared to the rest of the Greater Boston market, the Downtown Boston submarket has greater rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 101 listings have come on the market, so you'll want to check back regularly for new listings. About 6% of the available leases in the Downtown Boston are subleases, so you will probably need to sign a longer term lease with the landlord directly. 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 6,000 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this region are around 11 stories. Most buildings in this region were built in 1920 and are Class B.
Arts, entertainment, and restaurants are the dominant industries in this region. Commute by car is the most popular way to get to work amongst Downtown Boston residents. Commuting close to 15 minutes a day is the norm for those who opt to reside in this part of town.