Chinatown Office Space

Chinatown

Office Space Market Report

Number of Listings (last 90 days)
7
Median Rate ($/sqft/yr)
$96
Median Size (sqft)
7,640
As of: May 22, 2017

Chinatown Rates

Most listings are in the $90's per square foot per year. The Chinatown submarket is experiencing a decrease in rates. In the last 3 months, the median rate decreased $9 per sqft per year. That's a 9% decrease in rent.

Compared to the rest of the Bay Area market, the Chinatown region has greater rates, and you'll need to pay a premium to be in this hot region.

Chinatown Listing Supply

In the last 90 days, 7 listings have been listed, which means office spaces most likley are going fast. You'll want to be prepared to make an offer immediately. About 29% of the available leases in the Chinatown 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 7,640 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this area are around 4 stories. Most buildings in this area were built in 1908 and are Class A.

Chinatown 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 market. Commute by bike is the most popular way to get to work amongst Chinatown occupants. Commuting more than an hour and a half 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 Chinatown.
Market Report

Market Data

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