On average, listings lease in the $0's per square foot per year. The Factory Place region is experiencing a decline in rates. In the last 3 months, the median rate decreased $23 per sqft per year. That's a 100% decrease in rent.
In the last 90 days, 2 listings have been made available, which means listings are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. 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 sqft. Most buildings in this market are close to 1 floors. Most buildings in this area were built in 1964 and are Class C.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Wholesale trade is the dominant industry in this region. Commute by car is the most popular way to get to work amongst Factory Place occupants. Commuting around 20 minutes a day is the norm for those who opt to reside in this part of town.