Koreatown-Northgate Office Space


Office Space Market Report

Number of Listings (last 90 days)
Median Rate ($/sqft/yr)
Median Size (sqft)
As of: October 25, 2016

Koreatown-Northgate Rates

The typical asking rate per listing is in the $50's per square foot per year. The Koreatown-Northgate submarket is experiencing a a rise in rates. In the last 3 months, the median rate went up $53 per sqft per year. That's a Inf% rise in rent.

Compared to the rest of the East Bay market, the Koreatown-Northgate region has higher rates, and you'll need to pay a premium to be in this hot region.

Koreatown-Northgate Listing Supply

In the last 90 days, 6 listings have come on the market, which means spaces most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 17% of the available space in the Koreatown-Northgate 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 on the market, so finding a space for a small business might be tough.

Even though the median size is 3,620 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this area are approximately 2 stories. Most buildings in this region were built in 1968 and are Class B.

Koreatown-Northgate Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Education is the dominant industry in this area. Commute by bike is the most popular way to get to work amongst Koreatown-Northgate occupants. Commuting approximately 15 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 Koreatown-Northgate.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Koreatown-Northgate.