Most listings are in the $10's per square foot per year. The Troy submarket is experiencing a decline in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 5% decrease in rent.
In the last 90 days, 19 listings have been listed, which means leases 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.
The standard measurement for office space in this area is around 1,400 sqft. Most properties in this region are approximately 2 floors. Most buildings in this market were built in 1909 and are Class B.