Most listings are in the $0's per square foot per year. The Memorial Hospital Neighborhood region is seeing a decline in rates. In the last 3 months, the median rate fell $25 per sqft per year. That's a 100% decline in rent.
In the last 90 days, 3 listings have come on the market, which means new listings are probably leasing quickly. 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 sqft. Most properties in this region are approximately 2 floors. Most buildings in this market were built in 1968 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Education is the dominant industry in this area. Most of the folk of Memorial Hospital Neighborhood work from home. Commuting around an hour a day is the norm for those who opt to reside in this part of town.