The typical asking rate per listing is in the $20'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 rose $9 per sqft per year. That's a 48% increase in rent.
In the last 90 days, 8 listings have been posted online, which means spaces most likley are leasing quickly. 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.
The standard measurement for office space in this area is around 500 sqft. Most buildings in this region are around 3 floors. Most buildings in this region were built in 1970 and are Class A.