On average, listings lease in the $10's per square foot per year. The Ferndale Place submarket is going through a an increase in rates. In the last 3 months, the median rate rose $20 per sqft per year.
In the last 90 days, 0 listings have been listed, which means office spaces might be going fast. You'll want to be prepared to make an offer immediately. About NaN% of the available space in the Ferndale Place are subleases, so you will probably need to sign a longer term lease with the landlord directly. 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 5,000 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this market were built in 2004 and are Class A.
A large portion of this market is residential, but there's plenty of office_space. Wholesale trade is the dominant industry in this region. Commute by car is the most popular way to get to work amongst Ferndale Place residents. Commuting approximately 30 minutes a day is the norm for those who opt to reside in this part of town.