On average, listings lease in the $30's per square foot per year. The Harbor submarket is seeing a decline in rates. In the last 3 months, the median rate fell $3 per sqft per year. That's a 8% decrease in rent.
In the last 90 days, 70 listings have come on the market, so you'll want to check back regularly for new listings. About 9% of the available space in the Harbor are subleases, so you will probably have to consider a longer term lease. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
Even though the median size is 3,500 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this market are approximately 3 floors. Most buildings in this area 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. Arts, entertainment, and restaurants are the dominant industries in this region. Commute by bike is the most popular way to get to work amongst Harbor residents. Commuting approximately 10 minutes a day is the norm for those who opt to reside in this part of town.