The typical asking rate per listing is in the $0's per square foot per year. The Lofts Canal Side submarket is going through a decrease in rates. In the last 3 months, the median rate fell $26 per sqft per year. That's a 100% decline in rent.
In the last 90 days, 1 listings have been listed, which means new listings might be going fast. You'll want to be prepared to make an offer immediately. 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 sqft. Most properties in this market are close to 22 stories. Most buildings in this area were built in 1984 and are Class A.
This market is fairly equally mixed residential and commercial. Professional services is the dominant industry in this region. Most of the occupants of Lofts Canal Side work from home. Commuting close to 30 minutes a day is the norm for those who opt to reside in this part of town.