Most listings are in the $0's per square foot per year. The Memorial Square submarket is experiencing a decline in rates. In the last 3 months, the median rate decreased $26 per sqft per year. That's a 100% decline in rent.
In the last 90 days, 0 listings have come on the market, which means new availabilities might be leasing quickly. You'll want to be prepared to make an offer immediately. About NaN% of the available leases in the Memorial Square are subleases, so you will probably have to consider a longer term lease. 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 sqft. Most buildings in this region are close to 2 floors. Most buildings in this area were built in 1972 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 region. Commute by car is the most popular way to get to work amongst Memorial Square residents. Commuting close to an hour a day is the norm for those who opt to reside in this part of town.