West Berkeley Industrial

West Berkeley

Office Space Market Report

Number of Listings (last 90 days)
13
Median Rate ($/sqft/yr)
$44
Median Size (sqft)
10,280
As of: March 11, 2017

West Berkeley Rates

The typical asking rate per listing is in the $40's per square foot per year. The West Berkeley region is going through a an increase in rates. In the last 3 months, the median rate rose $19 per sqft per year. That's a 74% rise in rent.

Compared to the rest of the East Bay market, the West Berkeley submarket has more expensive rates, and you'll need to pay a premium to be in this hot region.

West Berkeley Listing Supply

In the last 90 days, 13 listings have been posted online, which means listings most likley are leasing quickly. You'll want to be prepared to make an offer immediately. About 15% of the listings in the West Berkeley are subleases, so you might be able to snag a great spot on a short term. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

Even though the median size is 10,280 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this region are approximately 2 floors. Most buildings in this market 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 market. 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