In the last 90 days, 5 listings have been listed, which means listings most likley are going fast. You'll want to be prepared to make an offer immediately. About 140% of the office spaces in the Penn American District are subleases, so you might be able to sign a shorter term by taking over a previous lease. 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 1,720 sqft. Most buildings in this area are approximately 14 floors. Most buildings in this region were built in 1984 and are Class B.
This market is fairly equally mixed residential and commercial. Finance and insurance are the dominant industries in this region. Most of the residents of Penn American District work from home. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.