On average, listings lease in the $20's per square foot per year. The River Corridor submarket is going through a an increase in rates. In the last 3 months, the median rate increased $25 per sqft per year.
Compared to the rest of the Greater Boston market, the River Corridor region has greater rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 42 listings have been listed, so you'll want to check back regularly for new listings. About 38% of the available space in the River Corridor are subleases, so you might be able to find a shorter term or below market rent. 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 2,590 sqft, there are still 0 listings below 2,000 sqft. Most properties in this region are approximately 2 floors. Most buildings in this market 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 area. 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.