West Berkeley Retail

West Berkeley

Office Space Market Report

Number of Listings (last 90 days)
15
Median Rate ($/sqft/yr)
$28
Median Size (sqft)
1,190
As of: December 10, 2016

West Berkeley Rates

Most listings are in the $20's per square foot per year. The West Berkeley region is going through a decrease in rates. In the last 3 months, the median rate fell $10 per sqft per year. That's a 27% decline in rent.

Compared to the rest of the East Bay market, the West Berkeley region has lower rates, so you should have no trouble finding a great deal in this undervalued region.

West Berkeley Listing Supply

In the last 90 days, 15 listings have been listed, which means new availabilities most likley are leasing quickly. You'll want to be prepared to make an offer immediately. About 7% of the available space in the West Berkeley are subleases, so you will probably have to focus your search on direct office leases. 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 1,190 sqft. Most buildings in this area are around 2 floors. Most buildings in this market were built in 1961 and are Class B.

West Berkeley Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Agriculture is the dominant industry in this region. Commute by walking is the most popular way to get to work amongst West Berkeley residents. Commuting around 10 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 West Berkeley.
Market Report

Market Data

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