Albany Sublease

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Albany

Office Space Market Report

Number of Listings (last 90 days)
3
Median Rate ($/sqft/yr)
$39
Median Size (sqft)
1,090
As of: August 18, 2017

Albany Rates

The typical asking rate per listing is in the $30's per square foot per year. The Albany region is seeing a decrease in rates. In the last 3 months, the median rate decreased $34 per sqft per year. That's a 47% decline in rent.

Compared to the rest of the East Bay market, the Albany region has less expensive rates, so you should have no trouble finding a great deal in this undervalued region.

Albany Listing Supply

In the last 90 days, 3 listings have been posted online, which means new availabilities most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. About 133% of the available leases in the Albany 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 available, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,090 sqft. Most buildings in this market are approximately 2 floors. Most buildings in this area were built in 1990 and are Class B.

Albany Community

Market Report

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

Market Data

Real time and historical data on commercial real estate listings in Albany.
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Albany Submarkets