Koreatown-Northgate Office Space

Koreatown-Northgate

Office Space Market Report

Number of Listings (last 90 days)
6
Median Rate ($/sqft/yr)
$53
Median Size (sqft)
3,560
As of: December 6, 2016

Koreatown-Northgate Rates

Compared to the rest of the East Bay market, the Koreatown-Northgate submarket has greater rates, and you'll have to negotiate above asking rent to be in this hot region.

Koreatown-Northgate Listing Supply

In the last 90 days, 6 listings have come on the market, which means new availabilities are probably leasing quickly. You'll want to be prepared to make an offer immediately. About 17% of the office spaces in the Koreatown-Northgate 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.

Even though the median size is 3,560 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this region are close to 2 stories. Most buildings in this market were built in 1957 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 region. Commute by bike is the most popular way to get to work amongst Koreatown-Northgate occupants. Commuting close to 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.
Research