On average, listings lease in the $10's per square foot per year. The Commerce Square region is experiencing a a rise in rates. In the last 3 months, the median rate rose $17 per sqft per year.
In the last 90 days, 4 listings have been made available, which means office spaces most likley are leasing quickly. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
Even though the median size is 4,570 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this market are approximately 1 stories. Most buildings in this area were built in 1983 and are Class A.
Public administration is the dominant industry in this region. Most of the residents 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.