North Berkeley Retail

North Berkeley

Office Space Market Report

Number of Listings (last 90 days)
Median Rate ($/sqft/yr)
Median Size (sqft)
As of: October 21, 2016

North Berkeley Rates

The typical asking rate per listing is in the $40's per square foot per year. The North Berkeley region is experiencing a decrease in rates. In the last 3 months, the median rate fell $17 per sqft per year. That's a 26% decline in rent.

Compared to the rest of the East Bay market, the North Berkeley submarket has greater rates, and you'll need to make a great offer to be in this hot region.

North Berkeley Listing Supply

In the last 90 days, 4 listings have been posted online, which means leases are probably leasing quickly. You'll want to be prepared to make an offer immediately. 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 4,100 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this area are around 3 stories. Most buildings in this region were built in 1962.

North Berkeley Community

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 area. Commute by public transit is the most popular way to get to work amongst North Berkeley residents. Commuting approximately 20 minutes 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 North Berkeley.
Market Report

Market Data

Real time and historical data on commercial real estate listings in North Berkeley.