On average, listings lease in the $0's per square foot per year. The Whiteoak submarket is experiencing a decline in rates. In the last 3 months, the median rate fell $36 per sqft per year. That's a 100% decline in rent.
In the last 90 days, 5 listings have been posted online, which means spaces might be going fast. You'll want to be prepared to make an offer immediately. About 20% of the listings in the Whiteoak 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 sqft. Most buildings in this area are approximately 3 floors. Most buildings in this market were built in 2005 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Professional services is the dominant industry in this region. Commute by public transit is the most popular way to get to work amongst Whiteoak occupants. Commuting approximately 10 minutes a day is the norm for those who opt to reside in this part of town.