On average, listings lease in the $10's per square foot per year. The River Corridor submarket is seeing a decline in rates. In the last 3 months, the median rate decreased $0 per sqft per year. That's a 0% decline in rent.
Compared to the rest of the Greater Boston market, the River Corridor region has less expensive rates, so you should have no trouble finding a great deal in this discounted submarket.
In the last 90 days, 42 listings have been made available, so you'll want to check back regularly for new listings. About 2% of the office spaces in the River Corridor are subleases, so you will probably have to focus your search on direct office leases. 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 4,220 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this market are close to 2 floors. Most buildings in this area were built in 1982 and are Class A.
A large portion of this area is residential, but there's plenty of office_space. Public administration is the dominant industry in this market. Commute by car is the most popular way to get to work amongst River Corridor folk. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.