The typical asking rate per listing is in the $40's per square foot per year. The Park West submarket is going through a a rise in rates. In the last 3 months, the median rate increased $46 per sqft per year.
Compared to the rest of the Gold Coast market, the Park West region has more expensive rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 1 listings have been posted online, which means spaces 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 available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,580 sqft. Most buildings in this market are around 63 floors. Most buildings in this region were built in 2008 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Real estate is the dominant industry in this area. Commute by public transit is the most popular way to get to work amongst Park West folk. Commuting around 30 minutes a day is the norm for those who opt to reside in this part of town.