The typical asking rate per listing is in the $20's per square foot per year. The Capital District submarket is going through a an increase in rates. In the last 3 months, the median rate increased $2 per sqft per year. That's a 10% increase in rent.
In the last 90 days, 3 listings have been made available, which means 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 posted, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,650 sqft. Most properties in this area are close to 3 floors. Most buildings in this area were built in 1926 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Professional services is the dominant industry in this region. Commute by walking is the most popular way to get to work amongst Capital District occupants. Commuting around 15 minutes a day is the norm for those who opt to reside in this part of town.