Most listings are in the $50's per square foot per year. The Arts District submarket is going through a a rise in rates. In the last 3 months, the median rate went up $36 per sqft per year. That's a 150% increase in rent.
In the last 90 days, 102 listings have been listed, so you'll want to check back regularly for new listings. About 8% of the available space in the Arts District are subleases, so you will probably have to focus your search on direct office leases. 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 37,170 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this market are around 2 stories. Most buildings in this market were built in 1961 and are Class C.
A large portion of this region is residential, but there's plenty of office_space. Finance and insurance are the dominant industries in this region. Commute by bike is the most popular way to get to work amongst Arts District occupants. Commuting approximately an hour 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 Arts District.
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