Foster City Retail

Foster City

Office Space Market Report

Number of Listings (last 90 days)
6
Median Rate ($/sqft/yr)
$63
Median Size (sqft)
2,480
As of: August 19, 2017

Foster City Rates

On average, listings lease in the $60's per square foot per year. The Foster City submarket is going through a decrease in rates. In the last 3 months, the median rate fell $16 per sqft per year. That's a 20% decline in rent.

Compared to the rest of the Silicon Valley market, the Foster City region has greater rates, and you'll have to negotiate above asking rent to be in this hot region.

Foster City Listing Supply

In the last 90 days, 6 listings have been posted online, which means listings are probably leasing quickly. You'll want to be prepared to make an offer immediately. About 83% of the available space in the Foster City are subleases, so you might be able to find a shorter term or below market rent. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 2,480 sqft. Most buildings in this market are close to 4 floors. Most buildings in this area were built in 1988 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