Most listings are in the $20's per square foot per year. The University region is seeing a decrease in rates. In the last 3 months, the median rate fell $4 per sqft per year. That's a 14% decline in rent.
In the last 90 days, 26 listings have been listed, which means office spaces are probably leasing quickly. You'll want to be prepared to make an offer immediately. About 12% of the office spaces in the University are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 2,130 sqft. Most properties in this market are close to 2 stories. Most buildings in this area were built in 2001 and are Class A.