Most listings are in the $20's per square foot per year. The Lower State region is going through a a boost in rates. In the last 3 months, the median rate rose $27 per sqft per year.
In the last 90 days, 8 listings have been posted online, which means leases are probably leasing quickly. You'll want to be prepared to make an offer immediately. About 100% of the available leases in the Lower State are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 2,090 sqft. Most buildings in this area are around 3 floors. Most buildings in this market were built in 1926 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Public administration is the dominant industry in this region. Most of the residents of Lower State work from home. Commuting close to an hour and a half a day is the norm for those who opt to reside in this part of town.