On average, listings lease in the $20's per square foot per year. The South Meadows region is going through a decrease in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 3% decline in rent.
In the last 90 days, 18 listings have come on the market, which means new availabilities most likley are leasing quickly. You'll want to be prepared to make an offer immediately. About 111% of the office spaces in the South Meadows are subleases, so you might be able to snag a great spot on a short term. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
Even though the median size is 4,190 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this market are approximately 2 floors. Most buildings in this area were built in 2003 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Professional services is the dominant industry in this area. Most of the occupants of South Meadows work from home. Commuting close to 30 minutes a day is the norm for those who opt to reside in this part of town.