Most listings are in the $20's per square foot per year. The Ala Moana - Kakaako submarket is going through a decline in rates. In the last 3 months, the median rate decreased $10 per sqft per year. That's a 26% decline in rent.
In the last 90 days, 77 listings have been posted online, so you'll want to check back regularly for new listings. About 47% of the office spaces in the Ala Moana - Kakaako are subleases, so you might be able to snag a great spot on a short term. 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 800 sqft. Most buildings in this area are approximately 6 floors. Most buildings in this market were built in 1973 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Public administration is the dominant industry in this area. Commute by motorcycle is the most popular way to get to work amongst Ala Moana - Kakaako folk. Commuting around 30 minutes a day is the norm for those who opt to reside in this part of town.