Most listings are in the $70's per square foot per year. The Foster City submarket is experiencing a a rise in rates. In the last 3 months, the median rate went up $16 per sqft per year. That's a 25% increase in rent.
Compared to the rest of the Silicon Valley market, the Foster City submarket has greater rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 6 listings have been listed, which means new availabilities might be leasing quickly. You'll want to be prepared to make an offer immediately. About 17% of the available space in the Foster City are subleases, so you might be able to find a shorter term or below market rent. 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 19,190 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this area are close to 4 floors. Most buildings in this region were built in 1993 and are Class A.