Most listings are in the $30's per square foot per year. The Peninsula Corporate Center region is seeing a a boost in rates. In the last 3 months, the median rate increased $1 per sqft per year. That's a 3% increase in rent.
Compared to the rest of the Gold Coast market, the Peninsula Corporate Center submarket has greater rates, and you'll have to negotiate above asking rent to be in this hot region.
In the last 90 days, 3 listings have been listed, which means spaces might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 33% of the listings 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 670 sqft. Most properties in this market are approximately 3 floors.
This region is fairly equally mixed residential and commercial. Wholesale trade is the dominant industry in this market. Most of the folk 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.