Foster City Retail

Foster City

Office Space Market Report

Number of Listings (last 90 days)
6
Median Rate ($/sqft/yr)
$78
Median Size (sqft)
19,190
As of: May 21, 2017

Foster City Rates

Most listings are in the $70's per square foot per year. The Foster City region is experiencing a a boost in rates. In the last 3 months, the median rate rose $16 per sqft per year. That's a 25% rise in rent.

Compared to the rest of the Silicon Valley market, the Foster City submarket has higher rates, and you'll need to pay a premium to be in this hot submarket.

Foster City Listing Supply

In the last 90 days, 6 listings have been posted online, which means new availabilities might be leasing quickly. You'll want to be prepared to make an offer immediately. About 17% of the available leases in the Foster City are subleases, so you might be able to sign a shorter term by taking over a previous lease. 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 19,190 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this area are around 4 floors. Most buildings in this area were built in 1993 and are Class A.

Foster City Community

Market Report

Trends and status of the commercial real estate market in Foster City.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Foster City.
Research