The typical asking rate per listing is in the $10's per square foot per year. The Arena region is going through a decline in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 4% decrease in rent.
In the last 90 days, 5 listings have been posted online, which means office spaces 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 1,750 sqft. Most buildings in this area are approximately 2 floors. Most buildings in this market were built in 1936 and are Class B.
Wholesale trade is the dominant industry in this area. Commute by car is the most popular way to get to work amongst Arena residents. Commuting approximately 30 minutes a day is the norm for those who opt to reside in this part of town.