Newark Commercial Real Estate

Newark

Market Report

Number of Listings
Posted in the last 90 days
3
Median Rate ($/sqft/yr)
$36
Median Size (sqft)
45,350

Newark Rates

Most listings are in the $30's per square foot per year. The Newark submarket is going through a decrease in rates. In the last 3 months, the median rate fell $5 per sqft per year. That's a 12% decrease in rent.

Compared to the rest of the East Bay market, the Newark submarket has lower rates, so you should have no trouble finding a great deal in this depreciated region.

Newark Listing Supply

In the last 90 days, 157 listings have come on the market, so you'll want to check back regularly for new listings. About 2% of the available space in the Newark 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 available, so finding a space for a small business might be tough.

Even though the median size is 45,350 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this region are around 1 floors. Most buildings in this market were built in 1996 and are Class A.

Newark Community

Market Data

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