North Berkeley Office Space

North Berkeley

Office Space Market Report

Number of Listings (last 90 days)
0
Median Rate ($/sqft/yr)
$46
Median Size (sqft)
1,200
As of: May 18, 2017

North Berkeley Rates

On average, listings lease in the $40's per square foot per year. The North Berkeley region is experiencing a decline in rates. In the last 3 months, the median rate fell $6 per sqft per year. That's a 11% decline in rent.

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

North Berkeley Listing Supply

In the last 90 days, 0 listings have been listed, which means office spaces might be going fast. You'll want to be prepared to tour spaces as quick as possible. About NaN% of the office spaces in the North Berkeley 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 posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,200 sqft. Most buildings in this market are around 3 stories. Most buildings in this market were built in 1962.

North Berkeley Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Professional services is the dominant industry in this region. Commute by public transit is the most popular way to get to work amongst North Berkeley occupants. Commuting around 20 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 North Berkeley.
Market Report

Market Data

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