On average, listings lease in the $0's per square foot per year. The Platinum Triangle region is experiencing a decrease in rates. In the last 3 months, the median rate decreased $24 per sqft per year. That's a 100% decline in rent.
In the last 90 days, 2 listings have come on the market, which means leases 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 posted, so finding a space for a small business might be tough.
Even though the median size is 2,940 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this area are close to 4 floors. Most buildings in this area were built in 1986 and are Class B.
A large portion of this market is residential, but there's plenty of office_space. Public administration is the dominant industry in this region. Commute by public transit is the most popular way to get to work amongst Platinum Triangle residents. Commuting approximately an hour a day is the norm for those who opt to reside in this part of town.