Most listings are in the $10's per square foot per year. The Progress region is going through a decline in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 5% decline in rent.
In the last 90 days, 29 listings have come on the market, which means new listings are probably going fast. You'll want to be prepared to tour spaces as quick as possible. About 3% of the listings in the Progress 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.
The standard measurement for office space in this area is around 2,000 sqft. Most properties in this region are approximately 2 floors. Most buildings in this area were built in 1940 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Real estate is the dominant industry in this area. Most of the folk of Progress work from home. Commuting between 30 and 45 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 Progress.
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