On average, listings lease in the $20's per square foot per year. The University region is going through a a rise in rates. In the last 3 months, the median rate increased $1 per sqft per year. That's a 5% increase in rent.
In the last 90 days, 15 listings have been made available, which means leases might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 27% 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 posted, so finding a space for a small business might be tough.
Even though the median size is 7,200 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this region are approximately 2 stories. Most buildings in this region were built in 2001 and are Class A.