Foster City Retail

Foster City

Office Space Market Report

Number of Listings (last 90 days)
5
Median Rate ($/sqft/yr)
$63
Median Size (sqft)
12,500
As of: February 27, 2017

Foster City Rates

The typical asking rate per listing is in the $60's per square foot per year. The Foster City submarket is experiencing a decrease in rates. In the last 3 months, the median rate fell $13 per sqft per year. That's a 17% decline in rent.

Compared to the rest of the Silicon Valley market, the Foster City region has higher rates, and you'll need to make a great offer to be in this hot region.

Foster City Listing Supply

In the last 90 days, 5 listings have come on the market, which means new availabilities are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 40% 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 posted, so finding a space for a small business might be tough.

Even though the median size is 12,500 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this area are approximately 4 stories. 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

Foster City Submarkets