On average, listings lease in the $30's per square foot per year. The Ward Two submarket is experiencing a a rise in rates. In the last 3 months, the median rate rose $34 per sqft per year.
Compared to the rest of the Greater Boston market, the Ward Two submarket has greater rates, and you'll have to negotiate above asking rent to be in this hot submarket.
In the last 90 days, 3 listings have come on the market, which means new 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 posted, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,750 sqft. Most buildings in this region are around 4 floors. Most buildings in this region were built in 1989 and are Class B.
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 market. Commute by motorcycle is the most popular way to get to work amongst Ward Two folk. Commuting under 5 minutes a day is the norm for those who opt to reside in this part of town.