Most listings are in the $20's per square foot per year. The Waterford region is seeing a an increase in rates. In the last 3 months, the median rate increased $1 per sqft per year. That's a 3% rise in rent.
Compared to the rest of the Gold Coast market, the Waterford region has smaller rates, so you should have no trouble finding a great deal in this discounted submarket.
In the last 90 days, 13 listings have been made available, which means leases most likley are leasing quickly. You'll want to be prepared to make an offer immediately. About 8% of the available space in the Waterford are subleases, so you will probably have to focus your search on direct office leases. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
Even though the median size is 6,300 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this region are approximately 10 floors. Most buildings in this market were built in 1999 and are Class A.
Public administration is the dominant industry in this region. Most of the folk of Waterford work from home. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.