Most listings are in the $20's per square foot per year. The Downtown East region is experiencing a an increase in rates. In the last 3 months, the median rate increased $1 per sqft per year. That's a 4% rise in rent.
In the last 90 days, 299 listings have been listed, so you'll want to check back regularly for new listings. About 13% of the office spaces in the Downtown East are subleases, so you might be able to snag a great spot on a short term. 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 7,000 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this area are approximately 7 stories. Most buildings in this market were built in 1966 and are Class A.
This region is fairly equally mixed residential and commercial. Utilities is the dominant industry in this area. Most of the occupants of Downtown East work from home. Commuting under 5 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 Downtown East.
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