On average, listings lease in the $20's per square foot per year. The Kennedy region is seeing a an increase in rates. In the last 3 months, the median rate went up $5 per sqft per year. That's a 29% increase in rent.
In the last 90 days, 47 listings have come on the market, so you'll want to check back regularly for new listings. About 64% of the listings in the Kennedy are subleases, so you might be able to snag a great spot on a short term. 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 760 sqft. Most properties in this area are around 5 floors. Most buildings in this market were built in 1979 and are Class B.
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. Most of the occupants of Kennedy work from home. Commuting close to an hour and a half a day is the norm for those who opt to reside in this part of town.