On average, listings lease in the $0's per square foot per year. The City Center region is going through a decrease in rates. In the last 3 months, the median rate decreased $61 per sqft per year. That's a 100% decrease in rent.
In the last 90 days, 4 listings have come on the market, which means listings are probably leasing quickly. You'll want to be prepared to make an offer immediately. About 50% of the available leases in the City Center are subleases, so you might be able to snag a great spot on a short term. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,500 sqft. Most buildings in this area are approximately 6 stories. Most buildings in this market were built in 1957 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Real estate is the dominant industry in this market. Commute by walking is the most popular way to get to work amongst City Center folk. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.