On average, listings lease in the $20's per square foot per year. The Southern Crossing region is seeing a decline in rates. In the last 3 months, the median rate fell $6 per sqft per year. That's a 16% decrease in rent.
In the last 90 days, 19 listings have been made available, which means new listings are probably going fast. You'll want to be prepared to make an offer immediately. About 63% of the office spaces in the Southern Crossing are subleases, so you might be able to find a shorter term or below market rent. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
Even though the median size is 2,700 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this region are close to 2 stories. Most buildings in this region 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. Education is the dominant industry in this market. Commute by bike is the most popular way to get to work amongst Southern Crossing folk. Commuting around 30 minutes a day is the norm for those who opt to reside in this part of town.