On average, listings lease in the $0's per square foot per year. The Peninsula Corporate Center submarket is experiencing a decline in rates. In the last 3 months, the median rate decreased $38 per sqft per year. That's a 100% decline in rent.
In the last 90 days, 1 listings have come on the market, which means office spaces most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 100% of the available leases in the Peninsula Corporate Center 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 posted, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 2,450 sqft. Most buildings in this region are approximately 3 floors.
This market is fairly equally mixed residential and commercial. Wholesale trade is the dominant industry in this area. Most of the occupants of Peninsula Corporate Center work from home. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.