The typical asking rate per listing is in the $10's per square foot per year. The Bolten Field submarket is experiencing a decline in rates. In the last 3 months, the median rate fell $3 per sqft per year. That's a 13% decrease in rent.
In the last 90 days, 7 listings have come on the market, which means new listings are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 114% of the office spaces in the Bolten Field 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 available, so finding a space for a small business might be tough.
Even though the median size is 4,630 sqft, there are still 0 leases below 2,000 sqft. Most properties in this market are around 1 stories. Most buildings in this region were built in 1988 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Manufacturing is the dominant industry in this market. Commute by public transit is the most popular way to get to work amongst Bolten Field folk. Commuting approximately an hour and a half a day is the norm for those who opt to reside in this part of town.