The typical asking rate per listing is in the $70's per square foot per year. The Foster City region is going through a a boost in rates. In the last 3 months, the median rate rose $8 per sqft per year. That's a 12% increase in rent.
Compared to the rest of the Silicon Valley market, the Foster City submarket has higher rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 14 listings have been made available, which means leases might be going fast. You'll want to be prepared to tour spaces as quick as possible. About 21% of the available space in the Foster City 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.
Even though the median size is 11,490 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this market are around 4 floors. Most buildings in this region were built in 1993 and are Class A.