Most listings are in the $20's per square foot per year. The North Downtown submarket is seeing a a boost in rates. In the last 3 months, the median rate went up $1 per sqft per year. That's a 5% increase in rent.
In the last 90 days, 87 listings have been posted online, so you'll want to check back regularly for new listings. About 6% of the office spaces in the North Downtown are subleases, so you will probably need to sign a longer term lease with the landlord directly. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
Even though the median size is 2,950 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this area are approximately 12 floors. Most buildings in this market were built in 1927 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Education is the dominant industry in this area. Commute by public transit is the most popular way to get to work amongst North Downtown occupants. Commuting approximately 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 North Downtown.
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