Foster City Office Space

Foster City

Office Space Market Report

Number of Listings (last 90 days)
14
Median Rate ($/sqft/yr)
$75
Median Size (sqft)
11,490
As of: December 3, 2016

Foster City Rates

Most listings are in the $80's per square foot per year. The Foster City region is seeing a a rise in rates. In the last 3 months, the median rate increased $16 per sqft per year. That's a 22% rise in rent.

Compared to the rest of the Silicon Valley market, the Foster City submarket has greater rates, and you'll have to negotiate above asking rent to be in this hot region.

Foster City Listing Supply

In the last 90 days, 13 listings have been made available, which means leases might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 31% of the available space in the Foster City 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 14,560 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this market are approximately 4 stories. Most buildings in this region were built in 1993 and are Class A.

Foster City Community

Market Report

Trends and status of the commercial real estate market in Foster City.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Foster City.
Research