On average, listings lease in the $100's per square foot per year. The Douglas Byrd submarket is seeing a a rise in rates. In the last 3 months, the median rate increased $57 per sqft per year. That's a 123% rise in rent.
In the last 90 days, 17 listings have been posted online, which means spaces are probably going fast. You'll want to be prepared to tour spaces as quick as possible. About 6% of the available space in the Douglas Byrd are subleases, so you will probably have to focus your search on direct office leases. 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 800 sqft. Most properties in this area are approximately 1 stories. Most buildings in this area were built in 1986 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Company management is the dominant industry in this market. Commute by walking is the most popular way to get to work amongst Douglas Byrd folk. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.