On average, listings lease in the $60's per square foot per year. The Downtown Oakland submarket is experiencing a a rise in rates. In the last 3 months, the median rate rose $5 per sqft per year. That's a 8% increase in rent.
In the last 90 days, 120 listings have been made available, so you'll want to check back regularly for new listings. About 6% of the office spaces in the Downtown Oakland are subleases, so you will probably need to sign a longer term lease with the landlord directly. 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 4,140 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this area are approximately 5 floors. Most buildings in this area were built in 1946 and are Class B.
A large portion of this area is residential, but there's plenty of office_space. Arts, entertainment, and restaurants are the dominant industries in this area. Commute by taxi is the most popular way to get to work amongst Downtown Oakland folk. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.