On average, listings lease in the $0's per square foot per year. The Downtown Milwaukee submarket is seeing a decline in rates. In the last 3 months, the median rate decreased $21 per sqft per year. That's a 100% decline in rent.
In the last 90 days, 115 listings have come on the market, so you'll want to check back regularly for new listings. 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 sqft. Most buildings in this market are close to 6 stories. Most buildings in this area were built in 1917 and are Class A.
A large portion of this region is residential, but there's plenty of office_space. Finance and insurance are the dominant industries in this area. Commute by car is the most popular way to get to work amongst Downtown Milwaukee folk. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.