On average, listings lease in the $20's per square foot per year. The Colonial Park region is going through a decline in rates. In the last 3 months, the median rate decreased $2 per sqft per year. That's a 6% decrease in rent.
In the last 90 days, 12 listings have come on the market, which means office spaces might be going fast. You'll want to be prepared to make an offer immediately. About 50% of the available leases in the Colonial Park 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 posted, so finding a space for a small business might be tough.
Even though the median size is 14,000 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this region are around 2 floors. Most buildings in this area were built in 2000 and are Class A.