West Berkeley Office Space

West Berkeley

Office Space Market Report

Number of Listings (last 90 days)
12
Median Rate ($/sqft/yr)
$25
Median Size (sqft)
1,950
As of: February 24, 2017

West Berkeley Rates

The typical asking rate per listing is in the $20's per square foot per year. The West Berkeley submarket is going through a decrease in rates. In the last 3 months, the median rate fell $3 per sqft per year. That's a 10% decrease in rent.

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

West Berkeley Listing Supply

In the last 90 days, 12 listings have come on the market, which means new availabilities are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 25% of the available leases in the West Berkeley are subleases, so you might be able to sign a shorter term by taking over a previous lease. 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 1,950 sqft. Most properties in this market are around 2 floors. Most buildings in this region were built in 1961 and are Class B.

West Berkeley Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Agriculture is the dominant industry in this market. Commute by walking is the most popular way to get to work amongst West Berkeley occupants. Commuting around 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 West Berkeley.
Market Report

Market Data

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