Compared to the rest of the East Bay market, the Watergate submarket has greater rates, and you'll have to negotiate above asking rent to be in this hot region.
In the last 90 days, 6 listings have come on the market, which means new availabilities most likley are going fast. You'll want to be prepared to make an offer immediately. About 17% of the available space in the Watergate 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 available, so finding a space for a small business might be tough.
Even though the median size is 3,640 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this region are close to 16 stories. Most buildings in this region were built in 1985 and are Class A.
A large portion of this region is residential, but there's plenty of office_space. Manufacturing is the dominant industry in this region. Commute by car is the most popular way to get to work amongst Watergate residents. Commuting close to an hour and a half a day is the norm for those who opt to reside in this part of town.