On average, listings lease in the $10's per square foot per year. The Marina Bay region is seeing a a rise in rates. In the last 3 months, the median rate increased $4 per sqft per year. That's a 27% rise in rent.
Compared to the rest of the East Bay market, the Marina Bay region has less expensive rates, so you should have no trouble finding a great deal in this depreciated region.
In the last 90 days, 12 listings have been made available, which means office spaces are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 17% of the available leases in the Marina Bay 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 on the market, so finding a space for a small business might be tough.
Even though the median size is 5,710 sqft, there are still 0 leases below 2,000 sqft. Most properties in this market are approximately 2 stories. Most buildings in this area were built in 1991 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Manufacturing is the dominant industry in this region. Commute by public transit is the most popular way to get to work amongst Marina Bay occupants. Commuting around 10 minutes a day is the norm for those who opt to reside in this part of town.