The typical asking rate per listing is in the $10's per square foot per year. The Williamsburg region is going through a an increase in rates. In the last 3 months, the median rate went up $1 per sqft per year. That's a 7% rise in rent.
In the last 90 days, 39 listings have come on the market, which means listings most likley are going fast. You'll want to be prepared to make an offer immediately. About 21% of the office spaces in the Williamsburg are subleases, so you might be able to find a shorter term or below market rent. 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 1,440 sqft. Most buildings in this market are close to 2 stories. Most buildings in this region were built in 1980 and are Class B.
Real time and historical data on commercial real estate listings in Williamsburg.
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