Produce and Waterfront Office Space

Produce and Waterfront

Office Space Market Report

Number of Listings (last 90 days)
11
Median Rate ($/sqft/yr)
$51
Median Size (sqft)
3,480
As of: January 17, 2017

Produce and Waterfront Rates

The typical asking rate per listing is in the $50's per square foot per year. The Produce and Waterfront submarket is experiencing a a rise in rates. In the last 3 months, the median rate increased $2 per sqft per year. That's a 5% increase in rent.

Compared to the rest of the East Bay market, the Produce and Waterfront region has more expensive rates, and you'll need to make a great offer to be in this hot submarket.

Produce and Waterfront Listing Supply

In the last 90 days, 13 listings have come on the market, which means office spaces most likley are leasing quickly. You'll want to be prepared to make an offer immediately. About 23% of the available leases 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.

Even though the median size is 3,480 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this area are close to 3 floors. 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 region. Most of the occupants 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