South Berkeley Office Space

South Berkeley

Office Space Market Report

Number of Listings (last 90 days)
4
Median Rate ($/sqft/yr)
$36
Median Size (sqft)
1,880
As of: February 26, 2017

South Berkeley Rates

The typical asking rate per listing is in the $30's per square foot per year. The South Berkeley region is going through a decrease in rates. In the last 3 months, the median rate fell $24 per sqft per year. That's a 40% decline in rent.

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

South Berkeley Listing Supply

In the last 90 days, 4 listings have come on the market, which means spaces most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. 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 1,880 sqft. Most buildings in this area are approximately 3 stories. Most buildings in this region were built in 1971 and are Class B.

South Berkeley 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 market. Most of the folk of South Berkeley work from home. Commuting between 20 and 25 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 South Berkeley.
Market Report

Market Data

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