The typical asking rate per listing is in the $20's per square foot per year. The West End submarket is experiencing a an increase in rates. In the last 3 months, the median rate went up $26 per sqft per year.
Compared to the rest of the Greater Boston market, the West End submarket has greater rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 1 listings have been listed, which means leases most likley are going fast. You'll want to be prepared to make an offer immediately. About 300% of the available leases in the West End are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
Even though the median size is 10,580 sqft, there are still 0 leases below 2,000 sqft. Most properties in this market are around 4 floors. Most buildings in this region were built in 1980 and are Class A.
Wholesale trade is the dominant industry in this market. Commute by car is the most popular way to get to work amongst West End folk. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.