Most listings are in the $20's per square foot per year. The University submarket is seeing a decrease in rates. In the last 3 months, the median rate decreased $8 per sqft per year. That's a 25% decrease in rent.
In the last 90 days, 28 listings have come on the market, which means new availabilities might be going fast. You'll want to be prepared to tour spaces as quick as possible. About 11% of the available space 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 available, so finding a space for a small business might be tough.
Even though the median size is 3,040 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this region are around 2 stories. Most buildings in this market were built in 1999 and are Class A.