Most listings are in the $10's per square foot per year. The Park Towne region is experiencing a decline in rates. In the last 3 months, the median rate fell $4 per sqft per year. That's a 18% decrease in rent.
In the last 90 days, 20 listings have come on the market, which means listings most likley are leasing quickly. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,540 sqft. Most buildings in this region are approximately 2 stories. Most buildings in this area were built in 1979 and are Class B.
This region is fairly equally mixed residential and commercial. Education is the dominant industry in this market. Commute by public transit is the most popular way to get to work amongst Park Towne folk. Commuting close to 15 minutes a day is the norm for those who opt to reside in this part of town.