The typical asking rate per listing is in the $0's per square foot per year. The Colgate Center submarket is going through a decrease in rates. In the last 3 months, the median rate fell $55 per sqft per year. That's a 100% decrease in rent.
In the last 90 days, 13 listings have been made available, which means leases might be going fast. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around sqft. Most properties in this region are approximately 15 stories. Most buildings in this region were built in 1992 and are Class A.
Wholesale trade is the dominant industry in this market. Commute by public transit is the most popular way to get to work amongst Colgate Center occupants. Commuting between 20 and 25 minutes a day is the norm for those who opt to reside in this part of town.