On average, listings lease in the $20's per square foot per year. The South Side region is going through a decline in rates. In the last 3 months, the median rate decreased $28 per sqft per year. That's a 56% decline in rent.
Compared to the rest of the Greater Boston market, the South Side submarket has lower rates, so you should have no trouble finding a great deal in this depreciated region.
In the last 90 days, 12 listings have been posted online, which means office spaces might be 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 available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,200 sqft. Most properties in this region are around 2 stories. Most buildings in this region 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 market. Most of the residents 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.