The typical asking rate per listing is in the $70's per square foot per year. The Foster City region is seeing a an increase in rates. In the last 3 months, the median rate rose $11 per sqft per year. That's a 16% rise in rent.
Compared to the rest of the Silicon Valley market, the Foster City region has more expensive rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 9 listings have been listed, which means listings most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 11% of the office spaces 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 available, so finding a space for a small business might be tough.
Even though the median size is 8,220 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this region are around 4 floors. Most buildings in this region were built in 1985 and are Class A.