The typical asking rate per listing is in the $0's per square foot per year. The Original Town submarket is experiencing a decrease in rates. In the last 3 months, the median rate decreased $25 per sqft per year. That's a 100% decrease in rent.
In the last 90 days, 31 listings have been made available, which means new availabilities might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. 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 buildings in this market are approximately 14 floors. Most buildings in this market were built in 1974 and are Class A.
Real estate is the dominant industry in this area. Commute by walking is the most popular way to get to work amongst Original Town occupants. Commuting under 5 minutes a day is the norm for those who opt to reside in this part of town.