On average, listings lease in the $30's per square foot per year. The Waterfront District region is going through a a boost in rates. In the last 3 months, the median rate increased $33 per sqft per year.
In the last 90 days, 4 listings have been listed, which means office spaces might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. 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 1,450 sqft. Most properties in this market are close to 3 floors. Most buildings in this region were built in 1922 and are Class A.
Education is the dominant industry in this area. Commute by car is the most popular way to get to work amongst Waterfront District folk. Commuting approximately 20 minutes a day is the norm for those who opt to reside in this part of town.