North Berkeley Industrial

North Berkeley

Market Report

Number of Listings
Posted in the last 90 days
2
Median Rate ($/sqft/yr)
$55
Median Size (sqft)
1,850

North Berkeley Rates

Most listings are in the $50's per square foot per year. The North Berkeley region is seeing a a boost in rates. In the last 3 months, the median rate increased $4 per sqft per year. That's a 8% increase in rent.

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

North Berkeley Listing Supply

In the last 90 days, 23 listings have been posted online, which means new availabilities might be going fast. You'll want to be prepared to make an offer immediately. About 9% of the listings in the North Berkeley are subleases, so you will probably need to sign a longer term lease with the landlord directly. 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 1,850 sqft. Most buildings in this area are close to 3 floors. Most buildings in this market were built in 1962.

North Berkeley Community

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 market. Commute by public transit is the most popular way to get to work amongst North Berkeley occupants. Commuting close to 20 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 North Berkeley.
Research