On average, listings lease in the $50's per square foot per year. The Cambridge Highlands submarket is seeing a a rise in rates. In the last 3 months, the median rate rose $59 per sqft per year.
Compared to the rest of the Greater Boston market, the Cambridge Highlands region has higher rates, and you'll need to pay a premium 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. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 320 sqft. Most properties in this area are close to 2 floors. Most buildings in this area were built in 1978 and are Class A.
A large portion of this region is residential, but there's plenty of office_space. Professional services is the dominant industry in this area. Commute by public transit is the most popular way to get to work amongst Cambridge Highlands residents. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.