On average, listings lease in the $0's per square foot per year. The Central Business District submarket is experiencing a decline in rates. In the last 3 months, the median rate fell $32 per sqft per year. That's a 100% decline in rent.
In the last 90 days, 48 listings have come on the market, so you'll want to check back regularly for new listings. 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 sqft. Most buildings in this region are approximately 6 floors. Most buildings in this area were built in 1963 and are Class A.
This area is fairly equally mixed residential and commercial. Manufacturing is the dominant industry in this market. Commute by public transit is the most popular way to get to work amongst Central Business District folk. Commuting approximately an hour a day is the norm for those who opt to reside in this part of town.