Albany Retail

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Albany

Office Space Market Report

Number of Listings (last 90 days)
1
Median Rate ($/sqft/yr)
$34
Median Size (sqft)
420
As of: December 5, 2016

Albany Rates

On average, listings lease in the $30's per square foot per year. The Albany region is experiencing a an increase in rates. In the last 3 months, the median rate rose $34 per sqft per year. That's a Inf% increase in rent.

Compared to the rest of the East Bay market, the Albany region has less expensive rates, so you should have no trouble finding a great deal in this depreciated submarket.

Albany Listing Supply

In the last 90 days, 1 listings have been listed, which means new listings might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 420 sqft. Most properties in this area are approximately 2 floors. Most buildings in this area were built in 1983 and are Class C.

Albany Community

Market Report

Trends and status of the commercial real estate market in Albany.
Market Report

Market Data

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