Most listings are in the $10's per square foot per year. The Okemos submarket is going through a decrease in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 7% decline in rent.
In the last 90 days, 40 listings have been listed, which means leases are probably 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 posted, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,880 sqft. Most buildings in this market are close to 1 floors. Most buildings in this area were built in 1985 and are Class A.