Produce and Waterfront Office Space

Produce and Waterfront

Office Space Market Report

Number of Listings (last 90 days)
108
Median Rate ($/sqft/yr)
$48
Median Size (sqft)
2,350
As of: August 17, 2017

Produce and Waterfront Rates

The typical asking rate per listing is in the $40's per square foot per year. The Produce and Waterfront submarket is seeing a decline in rates. In the last 3 months, the median rate fell $8 per sqft per year. That's a 14% decrease in rent.

Compared to the rest of the East Bay market, the Produce and Waterfront region has higher rates, and you'll have to negotiate above asking rent to be in this hot region.

Produce and Waterfront Listing Supply

In the last 90 days, 13 listings have come on the market, which means leases most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 85% of the office spaces in the Produce and Waterfront 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.

The standard measurement for office space in this area is around 2,350 sqft. Most properties in this area are close to 2 stories. Most buildings in this market were built in 1957 and are Class B.

Produce and Waterfront Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Real estate is the dominant industry in this area. Most of the residents of Produce and Waterfront work from home. Commuting between 30 and 45 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 Produce and Waterfront.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Produce and Waterfront.
Research