Most listings are in the $20's per square foot per year. The Milwaukee region is seeing a decrease in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 3% decrease in rent.
Compared to the rest of the Milwaukee market, the Milwaukee region has smaller rates, so you should have no trouble finding a great deal in this depreciated submarket.
In the last 90 days, 92 listings have been made available, so you'll want to check back regularly for new listings. About 3% of the listings in the Milwaukee 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 on the market, so finding a space for a small business might be tough.
Even though the median size is 4,800 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this market are approximately 3 floors. Most buildings in this market were built in 1962 and are Class B.