Compared to the rest of the Gold Coast market, the Downtown Jewel region has smaller rates, so you should have no trouble finding a great deal in this discounted region.
In the last 90 days, 11 listings have been listed, which means listings are probably going fast. You'll want to be prepared to make an offer immediately. About 18% of the available space in the Downtown Jewel are subleases, so you might be able to snag a great spot on a short term. 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 900 sqft. Most buildings in this area are around 2 stories. Most buildings in this region were built in 1950 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 area. Commute by public transit is the most popular way to get to work amongst Downtown Jewel occupants. Commuting close to 20 minutes a day is the norm for those who opt to reside in this part of town.
Real time and historical data on commercial real estate listings in Downtown Jewel.
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