On average, listings lease in the $30's per square foot per year. The Buffalo region is experiencing a an increase in rates. In the last 3 months, the median rate rose $11 per sqft per year. That's a 44% increase in rent.
Compared to the rest of the Buffalo market, the Buffalo region has smaller rates, so you should have no trouble finding a great deal in this depreciated region.
In the last 90 days, 18 listings have been posted online, which means new listings are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 6% of the listings in the Buffalo 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 9,710 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this region are around 3 stories. Most buildings in this area were built in 1945 and are Class A.