Most listings are in the $20's per square foot per year. The Douglas Byrd region is seeing a decrease in rates. In the last 3 months, the median rate decreased $4 per sqft per year. That's a 15% decrease in rent.
In the last 90 days, 17 listings have come on the market, which means new listings most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. About 6% of the listings in the Douglas Byrd are subleases, so you will probably need to consider the implications of signing a direct lease with the building. 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 3,000 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this region are approximately 1 stories. Most buildings in this market were built in 1973 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 area. Commute by walking is the most popular way to get to work amongst Douglas Byrd occupants. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.