Most listings are in the $20's per square foot per year. The Olde Whitehall region is experiencing a a rise in rates. In the last 3 months, the median rate rose $2 per sqft per year. That's a 7% increase in rent.
Compared to the rest of the Metrolina market, the Olde Whitehall submarket has more expensive rates, and you'll have to negotiate above asking rent to be in this hot submarket.
In the last 90 days, 4 listings have come on the market, which means listings are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 25% of the available leases in the Olde Whitehall 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 on the market, so finding a space for a small business might be tough.
Even though the median size is 3,170 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this region are around 5 floors. Most buildings in this area were built in 2007 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Information is the dominant industry in this market. Commute by bike is the most popular way to get to work amongst Olde Whitehall folk. Commuting approximately an hour and a half a day is the norm for those who opt to reside in this part of town.