Downtown Berkeley Industrial

Downtown Berkeley

Market Report

Number of Listings
Posted in the last 90 days
10
Median Rate ($/sqft/yr)
$48
Median Size (sqft)
3,320

Downtown Berkeley Rates

The typical asking rate per listing is in the $40's per square foot per year. The Downtown Berkeley submarket is seeing a a boost in rates. In the last 3 months, the median rate went up $2 per sqft per year. That's a 5% increase in rent.

Compared to the rest of the East Bay market, the Downtown Berkeley submarket has more expensive rates, and you'll need to pay a premium to be in this hot submarket.

Downtown Berkeley Listing Supply

In the last 90 days, 197 listings have been posted online, so you'll want to check back regularly for new listings. About 5% of the office spaces in the Downtown Berkeley are subleases, so you will probably have to focus your search on direct office leases. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

Even though the median size is 2,620 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this area are close to 3 floors. Most buildings in this area were built in 1983 and are Class B.

Downtown Berkeley Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Education is the dominant industry in this region. Commute by walking is the most popular way to get to work amongst Downtown Berkeley folk. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.

Market Data

Real time and historical data on commercial real estate listings in Downtown Berkeley.
Research