On average, listings lease in the $20's per square foot per year. The University region is going through a a boost in rates. In the last 3 months, the median rate went up $1 per sqft per year. That's a 5% increase in rent.
In the last 90 days, 18 listings have been listed, which means new listings are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 22% of the listings in the University are subleases, so you might be able to find a shorter term or below market rent. 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 7,200 sqft, there are still 0 listings below 2,000 sqft. Most properties in this region are around 2 stories. Most buildings in this region were built in 2001 and are Class A.