Foster City Industrial

Foster City

Office Space Market Report

Number of Listings (last 90 days)
14
Median Rate ($/sqft/yr)
$75
Median Size (sqft)
11,490
As of: December 10, 2016

Foster City Rates

The typical asking rate per listing is in the $70's per square foot per year. The Foster City region is going through a a boost in rates. In the last 3 months, the median rate rose $8 per sqft per year. That's a 12% increase in rent.

Compared to the rest of the Silicon Valley market, the Foster City submarket has higher rates, and you'll need to make a great offer to be in this hot submarket.

Foster City Listing Supply

In the last 90 days, 14 listings have been made available, which means leases might be going fast. You'll want to be prepared to tour spaces as quick as possible. About 21% of the available space in the Foster City 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 11,490 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this market are around 4 floors. Most buildings in this region were built in 1993 and are Class A.

Foster City Community

Market Report

Trends and status of the commercial real estate market in Foster City.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Foster City.
Research