Compared to the rest of the Metrolina market, the Third Ward region has more expensive rates, and you'll have to negotiate above asking rent to be in this hot region.
In the last 90 days, 20 listings have been posted online, which means new availabilities are probably going fast. You'll want to be prepared to tour spaces as quick as possible. About 5% of the office spaces in the Third Ward are subleases, so you will probably need to sign a longer term lease with the landlord directly. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
Even though the median size is 15,690 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this area are around 16 floors. Most buildings in this region were built in 1959 and are Class A.
This region is fairly equally mixed residential and commercial. Real estate is the dominant industry in this market. Commute by car is the most popular way to get to work amongst Third Ward folk. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.