On average, listings lease in the $20's per square foot per year. The Lowertown region is experiencing a a rise in rates. In the last 3 months, the median rate went up $21 per sqft per year.
In the last 90 days, 41 listings have come on the market, so you'll want to check back regularly for new listings. About 20% of the available space in the Lowertown are subleases, so you might be able to find a shorter term or below market rent. 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 650 sqft. Most buildings in this region are around 5 stories. Most buildings in this region were built in 1909 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Waste services is the dominant industry in this region. Commute by car is the most popular way to get to work amongst Lowertown folk. Commuting under 5 minutes a day is the norm for those who opt to reside in this part of town.