On average, listings lease in the $30's per square foot per year. The Roxbury region is experiencing a a boost in rates. In the last 3 months, the median rate went up $6 per sqft per year. That's a 24% rise in rent.
Compared to the rest of the Greater Boston market, the Roxbury region has greater rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 4 listings have been made available, which means leases might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. 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 2,000 sqft. Most properties in this area are approximately 3 floors. Most buildings in this market were built in 1964 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Professional services is the dominant industry in this area. Commute by car is the most popular way to get to work amongst Roxbury residents. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.