On average, listings lease in the $0's per square foot per year. The Downtown East submarket is experiencing a decrease in rates. In the last 3 months, the median rate decreased $24 per sqft per year. That's a 100% decline in rent.
In the last 90 days, 0 listings have been made available, which means listings might be going fast. You'll want to be prepared to make an offer immediately. About NaN% of the available leases in the Downtown East are subleases, so you will probably need to consider the implications of signing a direct lease with the building. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around sqft. Most properties in this area are close to 4 floors. Most buildings in this area were built in 1908 and are Class B.
A large portion of this area is residential, but there's plenty of office_space. Manufacturing is the dominant industry in this region. Commute by public transit is the most popular way to get to work amongst Downtown East folk. Commuting approximately 10 minutes a day is the norm for those who opt to reside in this part of town.