Albany Sublease

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Albany

Office Space Market Report

Number of Listings (last 90 days)
2
Median Rate ($/sqft/yr)
$61
Median Size (sqft)
570
As of: September 26, 2016

Albany Rates

On average, listings lease in the $60's per square foot per year. The Albany region is going through a an increase in rates. In the last 3 months, the median rate increased $5 per sqft per year. That's a 9% rise in rent.

Compared to the rest of the East Bay market, the Albany region has greater rates, and you'll have to negotiate above asking rent to be in this hot region.

Albany Listing Supply

In the last 90 days, 2 listings have been posted online, which means new availabilities are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 570 sqft. Most buildings in this region are approximately 1 stories. Most buildings in this area were built in 1983 and are Class C.

Albany Community

Albany Submarkets