Most listings are in the $20's per square foot per year. The Downtown Columbia submarket is seeing a decline in rates. In the last 3 months, the median rate decreased $3 per sqft per year. That's a 11% decline in rent.
In the last 90 days, 30 listings have been posted online, which means office spaces might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 3% of the listings in the Downtown Columbia are subleases, so you will probably need to consider the implications of signing a direct lease with the building. 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 1,890 sqft. Most buildings in this market are approximately 2 floors. Most buildings in this market were built in 1969 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Wholesale trade is the dominant industry in this region. Commute by bike is the most popular way to get to work amongst Downtown Columbia occupants. Commuting around an hour and a half a day is the norm for those who opt to reside in this part of town.