On average, listings lease in the $70's per square foot per year. The Foster City region is experiencing a a boost in rates. In the last 3 months, the median rate rose $78 per sqft per year.
Compared to the rest of the Silicon Valley market, the Foster City submarket has greater rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 6 listings have been made available, which means office spaces might be going fast. You'll want to be prepared to tour spaces as quick as possible. About 350% of the available space in the Foster City are subleases, so you might be able to find a shorter term or below market rent. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
Even though the median size is 19,190 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this area are around 4 floors. Most buildings in this area were built in 1993 and are Class A.