The typical asking rate per listing is in the $20's per square foot per year. The Northeast Meridian submarket is seeing a a boost in rates. In the last 3 months, the median rate increased $4 per sqft per year. That's a 24% rise in rent.
In the last 90 days, 13 listings have come on the market, which means spaces might be leasing quickly. You'll want to be prepared to make an offer immediately. About 54% of the available leases in the Northeast Meridian 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 available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,760 sqft. Most buildings in this area are close to 1 floors. Most buildings in this market were built in 2006 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Construction is the dominant industry in this region. Commute by car is the most popular way to get to work amongst Northeast Meridian folk. Commuting around 10 minutes a day is the norm for those who opt to reside in this part of town.