Compared to the rest of the East Bay market, the Watergate submarket has greater rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 5 listings have been listed, which means new availabilities are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 20% of the available leases in the Watergate 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 available, so finding a space for a small business might be tough.
Even though the median size is 3,640 sqft, there are still 0 leases below 2,000 sqft. Most properties in this region are approximately 16 floors. Most buildings in this region were built in 1985 and are Class A.
A large portion of this area is residential, but there's plenty of office_space. Manufacturing is the dominant industry in this market. Commute by car is the most popular way to get to work amongst Watergate residents. Commuting approximately an hour and a half a day is the norm for those who opt to reside in this part of town.