Most listings are in the $30's per square foot per year. The University Area submarket is experiencing a an increase in rates. In the last 3 months, the median rate increased $8 per sqft per year. That's a 26% rise in rent.
In the last 90 days, 0 listings have been posted online, which means leases might be going fast. You'll want to be prepared to make an offer immediately. About Inf% of the office spaces in the University Area 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 2,190 sqft. Most buildings in this region were built in 1984 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Health care is the dominant industry in this region. Commute by bike is the most popular way to get to work amongst University Area folk. Commuting close to 10 minutes a day is the norm for those who opt to reside in this part of town.