Produce and Waterfront Office Space

Produce and Waterfront

Office Space Market Report

Number of Listings (last 90 days)
Median Rate ($/sqft/yr)
Median Size (sqft)
As of: October 22, 2016

Produce and Waterfront Rates

The typical asking rate per listing is in the $40's per square foot per year. The Produce and Waterfront region is going through a decrease in rates. In the last 3 months, the median rate decreased $10 per sqft per year. That's a 17% decline in rent.

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

Produce and Waterfront Listing Supply

In the last 90 days, 10 listings have been listed, which means spaces are probably leasing quickly. You'll want to be prepared to make an offer immediately. About 30% of the available space in the Produce and Waterfront are subleases, so you might be able to find a shorter term or below market rent. 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 6,700 sqft, there are still 0 listings below 2,000 sqft. Most properties in this area are approximately 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 area. Most of the folk 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.