On average, listings lease in the $70's per square foot per year. The Financial District region is going through a a rise in rates. In the last 3 months, the median rate rose $15 per sqft per year. That's a 23% rise in rent.
Compared to the rest of the Greater Boston market, the Financial District region has more expensive rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 94 listings have come on the market, so you'll want to check back regularly for new listings. About 4% of the available leases in the Financial District 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 on the market, so finding a space for a small business might be tough.
Even though the median size is 5,100 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this region are close to 12 stories. Most buildings in this area were built in 1926 and are Class A.
Education is the dominant industry in this area. Commute by walking is the most popular way to get to work amongst Financial District residents. Commuting approximately an hour a day is the norm for those who opt to reside in this part of town.