The typical asking rate per listing is in the $10's per square foot per year. The Central Business District region is experiencing a decrease in rates. In the last 3 months, the median rate decreased $5 per sqft per year. That's a 25% decline in rent.
In the last 90 days, 21 listings have been made available, which means new availabilities are probably going fast. You'll want to be prepared to tour spaces as quick as possible. 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 2,020 sqft. Most buildings in this region are approximately 3 stories. Most buildings in this area were built in 1965 and are Class B.
A large portion of this market is residential, but there's plenty of office_space. Real estate is the dominant industry in this region. Commute by walking is the most popular way to get to work amongst Central Business District residents. Commuting close to an hour a day is the norm for those who opt to reside in this part of town.