Most listings are in the $50's per square foot per year. The South Side region is experiencing a an increase in rates. In the last 3 months, the median rate went up $27 per sqft per year. That's a 111% rise in rent.
Compared to the rest of the Greater Boston market, the South Side region has higher rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 12 listings have come on the market, which means office spaces might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 8% of the listings in the South Side are subleases, so you will probably have to consider a longer term lease. 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 2,740 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this area are close to 2 floors. Most buildings in this area were built in 1900 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Health care is the dominant industry in this region. Most of the occupants of South Side work from home. Commuting between 20 and 25 minutes a day is the norm for those who opt to reside in this part of town.