On average, listings lease in the $20's per square foot per year. The Milwaukee region is experiencing a a rise in rates. In the last 3 months, the median rate increased $1 per sqft per year. That's a 3% increase 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 region.
In the last 90 days, 155 listings have been made available, so you'll want to check back regularly for new listings. About 3% of the available space in the Milwaukee are subleases, so you will probably need to consider the implications of signing a direct lease with the building. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
Even though the median size is 4,600 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this area are close to 2 stories. Most buildings in this area were built in 1956 and are Class B.