Marina Bay Industrial

Marina Bay

Office Space Market Report

Number of Listings (last 90 days)
9
Median Rate ($/sqft/yr)
$18
Median Size (sqft)
5,710
As of: January 21, 2017

Marina Bay Rates

Most listings are in the $10's per square foot per year. The Marina Bay region is going through a a boost in rates. In the last 3 months, the median rate rose $18 per sqft per year.

Compared to the rest of the East Bay market, the Marina Bay submarket has less expensive rates, so you should have no trouble finding a great deal in this depreciated submarket.

Marina Bay Listing Supply

In the last 90 days, 9 listings have been posted online, which means spaces might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 11% of the office spaces in the Marina Bay 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 posted, so finding a space for a small business might be tough.

Even though the median size is 5,710 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this market are approximately 2 stories. Most buildings in this region were built in 1991 and are Class A.

Marina Bay Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Manufacturing is the dominant industry in this area. Commute by public transit is the most popular way to get to work amongst Marina Bay folk. Commuting approximately 10 minutes a day is the norm for those who opt to reside in this part of town.

Market Report

Trends and status of the commercial real estate market in Marina Bay.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Marina Bay.
Research

Richmond Submarkets