On average, listings lease in the $0's per square foot per year. The The Cove submarket is seeing a decline in rates. In the last 3 months, the median rate fell $37 per sqft per year. That's a 100% decrease in rent.
In the last 90 days, 4 listings have been listed, which means new availabilities might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. 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 sqft. Most properties in this area are around 7 stories. Most buildings in this market 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. Real estate is the dominant industry in this region. Most of the occupants of The Cove work from home. Commuting around an hour a day is the norm for those who opt to reside in this part of town.