Potrero Hill Office Space

Potrero Hill

Office Space Market Report

Number of Listings (last 90 days)
10
Median Rate ($/sqft/yr)
$63
Median Size (sqft)
8,200
As of: July 19, 2017

Potrero Hill Rates

The typical asking rate per listing is in the $60's per square foot per year. The Potrero Hill submarket is experiencing a an increase in rates. In the last 3 months, the median rate rose $8 per sqft per year. That's a 14% increase in rent.

Compared to the rest of the Bay Area market, the Potrero Hill region has higher rates, and you'll need to make a great offer to be in this hot submarket.

Potrero Hill Listing Supply

In the last 90 days, 10 listings have been posted online, which means spaces might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 60% of the office spaces in the Potrero Hill 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 8,200 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this market are around 2 floors. Most buildings in this region were built in 1961 and are Class B.

Potrero Hill Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Health care is the dominant industry in this region. Most of the folk of Potrero Hill work from home. Commuting close to an hour 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 Potrero Hill.
Market Report

Market Data

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