Albany Retail

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Albany

Office Space Market Report

Number of Listings (last 90 days)
3
Median Rate ($/sqft/yr)
$72
Median Size (sqft)
110
As of: May 24, 2017

Albany Rates

Most listings are in the $70's per square foot per year. The Albany submarket is seeing a an increase in rates. In the last 3 months, the median rate rose $27 per sqft per year. That's a 61% increase in rent.

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

Albany Listing Supply

In the last 90 days, 3 listings have been listed, which means leases 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 posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 110 sqft. Most properties in this market are close to 2 floors. Most buildings in this market were built in 1983 and are Class B.

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

Albany Submarkets