Most listings are in the $30's per square foot per year. The Woods Corner region is going through a decrease in rates. In the last 3 months, the median rate decreased $9 per sqft per year. That's a 20% decline in rent.
Compared to the rest of the Greater Boston market, the Woods Corner region has higher rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 7 listings have come on the market, which means listings are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 186% of the office spaces in the Woods Corner are subleases, so you might be able to snag a great spot on a short term. 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 6,840 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this market are close to 4 floors. Most buildings in this market were built in 1985 and are Class A.
This area is fairly equally mixed residential and commercial. Education is the dominant industry in this region. Commute by walking is the most popular way to get to work amongst Woods Corner occupants. Commuting between 20 and 25 minutes a day is the norm for those who opt to reside in this part of town.