Garfield Office Space

Garfield

Office Space Market Report

Number of Listings (last 90 days)
3
Median Rate ($/sqft/yr)
$35
Median Size (sqft)
2,000
As of: July 23, 2017

Garfield Rates

The typical asking rate per listing is in the $30's per square foot per year. The Garfield region is experiencing a a boost in rates. In the last 3 months, the median rate went up $35 per sqft per year.

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

Garfield Listing Supply

In the last 90 days, 3 listings have been listed, which means new listings are probably leasing quickly. You'll want to be prepared to make an offer immediately. About 67% of the office spaces in the Garfield 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.

The standard measurement for office space in this area is around 2,000 sqft. Most buildings in this area were built in 1990.

Garfield Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Health care is the dominant industry in this area. Most of the folk of Garfield work from home. Commuting approximately an hour 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 Garfield.
Market Report

Market Data

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

Albany Submarkets