Most listings are in the $30's per square foot per year. The Centre County submarket is going through a a rise in rates. In the last 3 months, the median rate went up $5 per sqft per year. That's a 20% rise in rent.
In the last 90 days, 4 listings have been listed, which means new availabilities are probably going fast. You'll want to be prepared to make an offer immediately. 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 29,700 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this market are approximately 3 floors. Most buildings in this market were built in 1970 and are Class A.