Most listings are in the $30's per square foot per year. The Peninsula Corporate Center region is experiencing a a boost in rates. In the last 3 months, the median rate went up $1 per sqft per year. That's a 3% rise in rent.
Compared to the rest of the Gold Coast market, the Peninsula Corporate Center region has higher rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 1 listings have been posted online, which means leases most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 200% of the available leases in the Peninsula Corporate Center are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
Even though the median size is 13,970 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this area are close to 3 stories.
This region is fairly equally mixed residential and commercial. Wholesale trade is the dominant industry in this market. Most of the occupants of Peninsula Corporate Center work from home. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.