The typical asking rate per listing is in the $0's per square foot per year. The Highland submarket is seeing a decrease in rates. In the last 3 months, the median rate decreased $24 per sqft per year. That's a 100% decrease in rent.
In the last 90 days, 2 listings have been listed, which means listings might be going fast. You'll want to be prepared to tour spaces as quick as possible. About 50% of the available leases in the Highland are subleases, so you might be able to find a shorter term or below market rent. 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 2,320 sqft. Most properties in this region are close to 4 stories. Most buildings in this region were built in 1964 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Professional services is the dominant industry in this region. Commute by car is the most popular way to get to work amongst Highland occupants. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.