The typical asking rate per listing is in the $20's per square foot per year. The Whitehall submarket is going through a decrease in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 3% decline in rent.
In the last 90 days, 16 listings have been made available, which means leases most likley are going fast. You'll want to be prepared to make an offer immediately. About 38% of the available space in the Whitehall are subleases, so you might be able to sign a shorter term by taking over a previous lease. 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 6,120 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this area are approximately 4 stories.
Real time and historical data on commercial real estate listings in Whitehall.
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