Most listings are in the $0's per square foot per year. The Village West region is going through a decrease in rates. In the last 3 months, the median rate decreased $22 per sqft per year. That's a 100% decline in rent.
In the last 90 days, 1 listings have come on the market, which means new listings might be going fast. You'll want to be prepared to tour spaces as quick as possible. About 100% of the available space in the Village West are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
Even though the median size is 9,170 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this market are close to 10 stories. Most buildings in this region were built in 1983 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Finance and insurance are the dominant industries in this market. Commute by public transit is the most popular way to get to work amongst Village West occupants. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.