Most listings are in the $20's per square foot per year. The Downtown Springfield region is seeing a an increase in rates. In the last 3 months, the median rate rose $1 per sqft per year. That's a 3% rise in rent.
In the last 90 days, 24 listings have come on the market, which means office spaces most likley are going fast. You'll want to be prepared to make an offer immediately. About 4% of the listings in the Downtown Springfield 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 posted, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 650 sqft. Most buildings in this area are approximately 8 stories. Most buildings in this market were built in 1986 and are Class A.
This area is fairly equally mixed residential and commercial. Public administration is the dominant industry in this market. Commute by motorcycle is the most popular way to get to work amongst Downtown Springfield occupants. Commuting approximately 20 minutes a day is the norm for those who opt to reside in this part of town.