The typical asking rate per listing is in the $10's per square foot per year. The Colonie region is going through a decrease in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 8% decrease in rent.
In the last 90 days, 6 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 available, so finding a space for a small business might be tough.
Even though the median size is 6,230 sqft, there are still 0 listings below 2,000 sqft. Most properties in this market are close to 2 floors. Most buildings in this area were built in 1973 and are Class B.