Most listings are in the $10's per square foot per year. The Port Malabar submarket is going through a decrease in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 8% decrease in rent.
In the last 90 days, 19 listings have been listed, which means new availabilities might be leasing quickly. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 790 sqft. Most properties in this region are close to 4 stories. Most buildings in this region were built in 1997 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Finance and insurance are the dominant industries in this market. Most of the folk of Port Malabar work from home. Commuting between 20 and 25 minutes a day is the norm for those who opt to reside in this part of town.