Marinship Industrial

Marinship

Office Space Market Report

Number of Listings (last 90 days)
20
Median Rate ($/sqft/yr)
$71
Median Size (sqft)
2,970
As of: August 21, 2017

Marinship Rates

The typical asking rate per listing is in the $70's per square foot per year. The Marinship region is seeing a an increase in rates. In the last 3 months, the median rate went up $13 per sqft per year. That's a 23% increase in rent.

Compared to the rest of the Bay Area market, the Marinship region has higher rates, and you'll need to pay a premium to be in this hot submarket.

Marinship Listing Supply

In the last 90 days, 20 listings have come on the market, which means new listings most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. About 55% of the office spaces in the Marinship 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 2,970 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this region are close to 2 floors. Most buildings in this market were built in 1982 and are Class B.

Marinship Community

This area is fairly equally mixed residential and commercial. Education is the dominant industry in this market. Commute by car is the most popular way to get to work amongst Marinship folk. Commuting between 30 and 45 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 Marinship.
Market Report

Market Data

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

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