On average, listings lease in the $60's per square foot per year. The Albany submarket is seeing a a boost in rates. In the last 3 months, the median rate increased $5 per sqft per year. That's a 9% rise in rent.
Compared to the rest of the East Bay market, the Albany submarket has greater rates, and you'll have to negotiate above asking rent to be in this hot submarket.
In the last 90 days, 2 listings have come on the market, which means new availabilities are probably going fast. You'll want to be prepared to make an offer immediately. 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 570 sqft. Most properties in this region are close to 1 stories. Most buildings in this market were built in 1983 and are Class C.