The typical asking rate per listing is in the $30's per square foot per year. The E. E. Smith submarket is experiencing a an increase in rates. In the last 3 months, the median rate increased $36 per sqft per year.
In the last 90 days, 2 listings have been posted online, which means leases are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 250% of the available leases in the E. E. Smith 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.
The standard measurement for office space in this area is around 1,600 sqft. Most buildings in this area are around 1 floors. Most buildings in this area were built in 1992 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Manufacturing is the dominant industry in this market. Commute by taxi is the most popular way to get to work amongst E. E. Smith residents. Commuting approximately 30 minutes a day is the norm for those who opt to reside in this part of town.