On average, listings lease in the $20's per square foot per year. The Old Port District region is going through a a boost in rates. In the last 3 months, the median rate went up $29 per sqft per year.
In the last 90 days, 2 listings have been made available, which means office spaces might be leasing quickly. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,100 sqft. Most buildings in this region are approximately 4 stories. Most buildings in this region were built in 1868 and are Class B.
Waste services is the dominant industry in this region. Most of the residents of Old Port District work from home. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.