On average, listings lease in the $30's per square foot per year. The Tenney-Lapham region is going through a decline in rates. In the last 3 months, the median rate fell $5 per sqft per year. That's a 12% decline in rent.
In the last 90 days, 0 listings have come on the market, which means new availabilities are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About Inf% of the available space in the Tenney-Lapham are subleases, so you might be able to sign a shorter term by taking over a previous lease. 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 28,190 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this region are around 8 stories. Most buildings in this area were built in 2013 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Finance and insurance are the dominant industries in this area. Commute by public transit is the most popular way to get to work amongst Tenney-Lapham residents. Commuting between 20 and 25 minutes a day is the norm for those who opt to reside in this part of town.