The typical asking rate per listing is in the $40's per square foot per year. The North Berkeley submarket is seeing a an increase in rates. In the last 3 months, the median rate rose $2 per sqft per year. That's a 4% increase in rent.
Compared to the rest of the East Bay market, the North Berkeley region has more expensive rates, and you'll have to negotiate above asking rent to be in this hot submarket.
In the last 90 days, 0 listings have come on the market, which means office spaces are probably going fast. You'll want to be prepared to make an offer immediately. About Inf% of the available leases in the North Berkeley 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 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 740 sqft. Most properties in this region are around 3 stories. Most buildings in this market were built in 1962.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Professional services is the dominant industry in this market. Commute by public transit is the most popular way to get to work amongst North Berkeley occupants. Commuting around 20 minutes a day is the norm for those who opt to reside in this part of town.