The typical asking rate per listing is in the $10's per square foot per year. The Walnut Hill region is experiencing a an increase in rates. In the last 3 months, the median rate rose $18 per sqft per year.
Compared to the rest of the Greater Boston market, the Walnut Hill region has lower rates, so you should have no trouble finding a great deal in this depreciated submarket.
In the last 90 days, 18 listings have come on the market, which means spaces most likley are 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 2,030 sqft. Most buildings in this region are close to 14 stories. Most buildings in this market were built in 1929 and are Class A.
Construction is the dominant industry in this market. Commute by walking is the most popular way to get to work amongst Walnut Hill residents. Commuting approximately an hour and a half a day is the norm for those who opt to reside in this part of town.