On average, listings lease in the $10's per square foot per year. The Church Street East submarket is going through a a boost in rates. In the last 3 months, the median rate went up $16 per sqft per year. That's a Inf% rise in rent.
In the last 90 days, 6 listings have been made available, which means new availabilities are probably going fast. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,500 sqft. Most properties in this market are around 3 floors. Most buildings in this market were built in 1910 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Manufacturing is the dominant industry in this region. Commute by car is the most popular way to get to work amongst Church Street East folk. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.