On average, listings lease in the $30's per square foot per year. The Wakefield submarket is going through a a rise in rates. In the last 3 months, the median rate rose $36 per sqft per year. That's a Inf% increase in rent.
Compared to the rest of the Greater Boston market, the Wakefield region has more expensive rates, and you'll have to negotiate above asking rent to be in this hot region.
In the last 90 days, 11 listings have been listed, which means office spaces most likley are going fast. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
Even though the median size is 16,000 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this market are close to 4 floors. Most buildings in this market were built in 1983 and are Class A.