On average, listings lease in the $40's per square foot per year. The Harbor region is experiencing a a rise in rates. In the last 3 months, the median rate went up $6 per sqft per year. That's a 18% increase in rent.
In the last 90 days, 13 listings have been listed, which means office spaces might be going fast. You'll want to be prepared to make an offer immediately. 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 2,300 sqft. Most buildings in this market are close to 4 floors. Most buildings in this region were built in 1984 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Arts, entertainment, and restaurants are the dominant industries in this region. Commute by bike is the most popular way to get to work amongst Harbor residents. Commuting close to 10 minutes a day is the norm for those who opt to reside in this part of town.