Downtown Berkeley Industrial

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

Downtown Berkeley

Office Space Market Report

Number of Listings (last 90 days)
7
Median Rate ($/sqft/yr)
$45
Median Size (sqft)
1,600
As of: July 19, 2017

Downtown Berkeley Rates

On average, listings lease in the $40's per square foot per year. The Downtown Berkeley submarket is experiencing a decline in rates. In the last 3 months, the median rate decreased $10 per sqft per year. That's a 19% decline 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.

Downtown Berkeley Listing Supply

In the last 90 days, 7 listings have been posted online, which means listings most likley are going fast. You'll want to be prepared to make an offer immediately. About 100% of the available leases in the Downtown Berkeley are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,600 sqft. Most properties in this area are around 3 floors. Most buildings in this region were built in 1983 and are Class B.

Downtown Berkeley Community

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 occupants. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.

Market Report

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

Market Data

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