The typical asking rate per listing is in the $10's per square foot per year. The Commerce Square region is experiencing a an increase in rates. In the last 3 months, the median rate increased $17 per sqft per year.
In the last 90 days, 4 listings have come on the market, which means office spaces are probably leasing quickly. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
Even though the median size is 4,570 sqft, there are still 0 leases below 2,000 sqft. Most properties in this area are around 1 floors. Most buildings in this region were built in 1983 and are Class A.
Public administration is the dominant industry in this region. Most of the occupants of Commerce Square work from home. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.