In the last 90 days, 5 listings have come on the market, 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 available, 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 properties in this area are around 14 floors. Most buildings in this market were built in 1984 and are Class B.
Finance and insurance are the dominant industries in this market. Most of the occupants 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.