Most listings are in the $20's per square foot per year. The Downtown Milwaukee region is experiencing a decrease in rates. In the last 3 months, the median rate decreased $2 per sqft per year. That's a 7% decrease in rent.
Compared to the rest of the Milwaukee market, the Downtown Milwaukee submarket has higher rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 122 listings have come on the market, so you'll want to check back regularly for new listings. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
Even though the median size is 4,320 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this region are approximately 6 floors. Most buildings in this region were built in 1917 and are Class A.
A large portion of this region is residential, but there's plenty of office_space. Finance and insurance are the dominant industries in this region. Commute by car is the most popular way to get to work amongst Downtown Milwaukee occupants. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.