On average, listings lease in the $0's per square foot per year. The Orchard District region is seeing a decrease in rates. In the last 3 months, the median rate decreased $14 per sqft per year. That's a 100% decline in rent.
In the last 90 days, 0 listings have been listed, which means new listings are probably going fast. You'll want to be prepared to make an offer immediately. About NaN% of the available space in the Orchard District 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 sqft. Most properties in this market are around 2 floors. Most buildings in this market were built in 1978 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Information is the dominant industry in this market. Commute by public transit is the most popular way to get to work amongst Orchard District residents. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.