Albany Industrial

We couldn't find any industrial spaces for Lease and Sublease

Albany

Office Space Market Report

Number of Listings (last 90 days)
3
Median Rate ($/sqft/yr)
$39
Median Size (sqft)
1,090
As of: July 21, 2017

Albany Rates

The typical asking rate per listing is in the $60's per square foot per year. The Albany submarket is experiencing a decrease in rates. In the last 3 months, the median rate fell $3 per sqft per year. That's a 5% decrease in rent.

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

Albany Listing Supply

In the last 90 days, 3 listings have been posted online, which means office spaces are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 167% of the office spaces in the Albany are subleases, so you might be able to find a shorter term or below market rent. 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 1,090 sqft. Most buildings in this market are close to 2 stories. Most buildings in this region were built in 1983 and are Class B.

Albany Community

Market Report

Trends and status of the commercial real estate market in Albany.
Market Report

Market Data

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

Albany Submarkets