West Berkeley Industrial

West Berkeley

Office Space Market Report

Number of Listings (last 90 days)
12
Median Rate ($/sqft/yr)
$25
Median Size (sqft)
1,950
As of: February 24, 2017

West Berkeley Rates

The typical asking rate per listing is in the $20's per square foot per year. The West Berkeley submarket is seeing a decline in rates. In the last 3 months, the median rate decreased $3 per sqft per year. That's a 10% decline in rent.

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

West Berkeley Listing Supply

In the last 90 days, 12 listings have been made available, which means listings most likley are leasing quickly. You'll want to be prepared to make an offer immediately. About 25% of the available leases in the West 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 1,950 sqft. Most buildings in this region are close to 2 floors. Most buildings in this region were built in 1961 and are Class B.

West Berkeley Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Agriculture is the dominant industry in this region. Commute by walking is the most popular way to get to work amongst West Berkeley residents. Commuting approximately 10 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 West Berkeley.
Market Report

Market Data

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