On average, listings lease in the $20's per square foot per year. The Southeast Meridian submarket is experiencing a a rise in rates. In the last 3 months, the median rate went up $2 per sqft per year. That's a 9% increase in rent.
In the last 90 days, 19 listings have been posted online, which means listings might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 5% of the office spaces in the Southeast Meridian 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 available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 2,080 sqft. Most buildings in this region are close to 1 stories. Most buildings in this area were built in 2005 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Utilities is the dominant industry in this market. Commute by bike is the most popular way to get to work amongst Southeast Meridian occupants. Commuting around 15 minutes a day is the norm for those who opt to reside in this part of town.