Most listings are in the $40's per square foot per year. The Downtown Berkeley submarket is going through a a boost in rates. In the last 3 months, the median rate went up $2 per sqft per year. That's a 5% rise in rent.
Compared to the rest of the East Bay market, the Downtown Berkeley region has more expensive rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 197 listings have come on the market, so you'll want to check back regularly for new listings. About 4% of the available space in the Downtown 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.
Even though the median size is 3,960 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this area are around 3 stories. Most buildings in this area were built in 1983 and are Class B.
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 market. 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.
Real time and historical data on commercial real estate listings in Downtown Berkeley.
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