The typical asking rate per listing is in the $30's per square foot per year. The Beacon Center submarket is experiencing a a boost in rates. In the last 3 months, the median rate went up $34 per sqft per year.
Compared to the rest of the Gold Coast market, the Beacon Center submarket has greater rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 1 listings have come on the market, which means new listings might be leasing quickly. You'll want to be prepared to make an offer immediately. About 100% of the listings in the Beacon Center 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.
Even though the median size is 15,500 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this area are approximately 1 stories. Most buildings in this region were built in 1990 and are Class A.
Public administration is the dominant industry in this market. Commute by car is the most popular way to get to work amongst Beacon Center occupants. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.