On average, listings lease in the $20's per square foot per year. The Cowesett region is experiencing a an increase in rates. In the last 3 months, the median rate went up $7 per sqft per year. That's a 33% increase in rent.
Compared to the rest of the Greater Boston market, the Cowesett submarket has more expensive rates, and you'll have to negotiate above asking rent to be in this hot submarket.
In the last 90 days, 4 listings have been posted online, which means listings are probably leasing quickly. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,300 sqft. Most properties in this region are approximately 2 floors. Most buildings in this area were built in 1985 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Information is the dominant industry in this area. Commute by walking is the most popular way to get to work amongst Cowesett occupants. Commuting under 5 minutes a day is the norm for those who opt to reside in this part of town.