On average, listings lease in the $10's per square foot per year. The Rensselaer County submarket is seeing a decline in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 8% decline in rent.
In the last 90 days, 27 listings have been made available, which means new listings might be 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 available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,830 sqft. Most buildings in this region are around 2 stories. Most buildings in this region were built in 1957 and are Class B.