Foster City Industrial

Foster City

Office Space Market Report

Number of Listings (last 90 days)
6
Median Rate ($/sqft/yr)
$63
Median Size (sqft)
4,030
As of: March 29, 2017

Foster City Rates

The typical asking rate per listing is in the $40's per square foot per year. The Foster City region is experiencing a decrease in rates. In the last 3 months, the median rate decreased $32 per sqft per year. That's a 42% decline in rent.

Compared to the rest of the Silicon Valley market, the Foster City region has lower rates, so you should have no trouble finding a great deal in this discounted region.

Foster City Listing Supply

In the last 90 days, 6 listings have been listed, which means new listings most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. About 33% of the available leases in the Foster City 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 4,030 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this area are approximately 4 floors. Most buildings in this region were built in 1988 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