The typical asking rate per listing is in the $30's per square foot per year. The Gateway Center submarket is going through a decrease in rates. In the last 3 months, the median rate decreased $2 per sqft per year. That's a 5% decrease in rent.
In the last 90 days, 3 listings have been listed, which means office spaces 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.
Even though the median size is 6,040 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this region are close to 5 stories. Most buildings in this market were built in 1989 and are Class A.
Public administration is the dominant industry in this region. Commute by car is the most popular way to get to work amongst Gateway Center folk. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.