On average, listings lease in the $30's per square foot per year. The Waterfront District region is seeing a an increase in rates. In the last 3 months, the median rate rose $33 per sqft per year.
In the last 90 days, 4 listings have been made available, which means new availabilities are probably 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 1,450 sqft. Most buildings in this region are close to 3 stories. Most buildings in this area were built in 1922 and are Class A.
Education is the dominant industry in this area. Commute by car is the most popular way to get to work amongst Waterfront District occupants. Commuting close to 20 minutes a day is the norm for those who opt to reside in this part of town.