The typical asking rate per listing is in the $10's per square foot per year. The Morris Hill region is seeing a an increase in rates. In the last 3 months, the median rate increased $1 per sqft per year. That's a 8% rise in rent.
In the last 90 days, 14 listings have been posted online, which means new listings are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 7% of the available leases in the Morris Hill are subleases, so you will probably need to consider the implications of signing a direct lease with the building. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,900 sqft. Most buildings in this area are around 2 floors. Most buildings in this market were built in 1983 and are Class B.
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. Commute by car is the most popular way to get to work amongst Morris Hill occupants. Commuting close to 10 minutes a day is the norm for those who opt to reside in this part of town.