On average, listings lease in the $20's per square foot per year. The Morris Hill region is going through a a boost in rates. In the last 3 months, the median rate went up $6 per sqft per year. That's a 38% rise in rent.
In the last 90 days, 3 listings have been listed, which means new availabilities most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 2,060 sqft. Most properties in this area are approximately 2 stories. Most buildings in this region were built in 1983 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Finance and insurance are the dominant industries in this market. Commute by car is the most popular way to get to work amongst Morris Hill residents. Commuting around 10 minutes a day is the norm for those who opt to reside in this part of town.