On average, listings lease in the $0's per square foot per year. The Central Business District submarket is going through a decline in rates. In the last 3 months, the median rate fell $24 per sqft per year. That's a 100% decline in rent.
In the last 90 days, 7 listings have been made available, which means office spaces might be going fast. 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.
Even though the median size is 9,710 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this area are around 5 floors. Most buildings in this area were built in 1959 and are Class B.
Wholesale trade is the dominant industry in this area. Commute by public transit is the most popular way to get to work amongst Central Business District folk. Commuting close to 20 minutes a day is the norm for those who opt to reside in this part of town.