Most listings are in the $20's per square foot per year. The College Hill submarket is seeing a an increase in rates. In the last 3 months, the median rate went up $30 per sqft per year. That's a Inf% increase in rent.
Compared to the rest of the Greater Boston market, the College Hill region has higher rates, and you'll need to pay a premium to be in this hot region.
In the last 90 days, 8 listings have been listed, which means leases 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 on the market, so finding a space for a small business might be tough.
Even though the median size is 10,000 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this area are close to 4 floors. Most buildings in this market were built in 1978 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Finance and insurance are the dominant industries in this market. Most of the occupants of College Hill work from home. Commuting approximately 15 minutes a day is the norm for those who opt to reside in this part of town.