South Berkeley Retail

South Berkeley

Office Space Market Report

Number of Listings (last 90 days)
Median Rate ($/sqft/yr)
Median Size (sqft)
As of: October 25, 2016

South Berkeley Rates

On average, listings lease in the $60's per square foot per year. The South Berkeley region is seeing a an increase in rates. In the last 3 months, the median rate increased $32 per sqft per year. That's a 100% increase in rent.

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

South Berkeley Listing Supply

In the last 90 days, 3 listings have come on the market, which means listings might be leasing quickly. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

Even though the median size is 12,900 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this region are approximately 3 floors. Most buildings in this area were built in 1971 and are Class B.

South Berkeley 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 market. Most of the folk of South Berkeley work from home. Commuting between 20 and 25 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 South Berkeley.
Market Report

Market Data

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