On average, listings lease in the $10's per square foot per year. The Central Business District region is seeing a a boost in rates. In the last 3 months, the median rate increased $1 per sqft per year. That's a 4% increase in rent.
In the last 90 days, 19 listings have been posted online, which means leases might be going fast. You'll want to be prepared to make an offer immediately. About 11% of the office spaces in the Central Business District 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.
Even though the median size is 3,200 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this region are around 3 stories. Most buildings in this region were built in 1927 and are Class B.
A large portion of this region is residential, but there's plenty of office_space. Real estate is the dominant industry in this market. Commute by walking is the most popular way to get to work amongst Central Business District residents. Commuting around an hour a day is the norm for those who opt to reside in this part of town.