On average, listings lease in the $40's per square foot per year. The La Gonda Way submarket is going through a an increase in rates. In the last 3 months, the median rate went up $44 per sqft per year. That's a Inf% increase in rent.
Compared to the rest of the East Bay market, the La Gonda Way submarket has higher rates, and you'll need to pay a premium to be in this hot region.
In the last 90 days, 3 listings have been posted online, which means new listings are probably going fast. You'll want to be prepared to tour spaces as quick as possible. 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 790 sqft. Most properties in this region are approximately 2 stories. Most buildings in this market were built in 1986 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Finance and insurance are the dominant industries in this area. Commute by car is the most popular way to get to work amongst La Gonda Way occupants. Commuting approximately an hour a day is the norm for those who opt to reside in this part of town.