The typical asking rate per listing is in the $80's per square foot per year. The Central Business District region is experiencing a a rise in rates. In the last 3 months, the median rate increased $85 per sqft per year.
In the last 90 days, 38 listings have come on the market, which means listings might be going fast. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 130 sqft. Most buildings in this market are approximately 7 stories. Most buildings in this region were built in 1916 and are Class A.
A large portion of this region is residential, but there's plenty of office_space. Public administration is the dominant industry in this market. Most of the occupants of Central Business District work from home. Commuting between 20 and 25 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 Central Business District.
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