On average, listings lease in the $10's per square foot per year. The Downtown Syracuse region is seeing a a boost in rates. In the last 3 months, the median rate increased $17 per sqft per year. That's a Inf% increase in rent.
In the last 90 days, 7 listings have come on the market, which means listings are probably going fast. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet posted, 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 properties in this region are approximately 19 floors. Most buildings in this area were built in 1960 and are Class B.
A large portion of this region is residential, but there's plenty of office_space. Finance and insurance are the dominant industries in this market. Commute by public transit is the most popular way to get to work amongst Downtown Syracuse residents. Commuting under 5 minutes a day is the norm for those who opt to reside in this part of town.