On average, listings lease in the $20's per square foot per year. The Central Business District submarket is seeing a an increase in rates. In the last 3 months, the median rate went up $9 per sqft per year. That's a 58% rise in rent.
In the last 90 days, 14 listings have been listed, which means office spaces most likley are leasing quickly. 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 2,000 sqft. Most buildings in this region are approximately 3 floors. Most buildings in this area were built in 1927 and are Class B.
A large portion of this area is residential, but there's plenty of office_space. Real estate is the dominant industry in this area. Commute by walking is the most popular way to get to work amongst Central Business District folk. Commuting close to an hour a day is the norm for those who opt to reside in this part of town.