Downtown Berkeley Sublease

Downtown Berkeley

Office Space Market Report

Number of Listings (last 90 days)
7
Median Rate ($/sqft/yr)
$45
Median Size (sqft)
790
As of: June 23, 2017

Downtown Berkeley Rates

The typical asking rate per listing is in the $40's per square foot per year. The Downtown Berkeley region is experiencing a an increase in rates. In the last 3 months, the median rate rose $45 per sqft per year.

Compared to the rest of the East Bay market, the Downtown Berkeley region has lower rates, so you should have no trouble finding a great deal in this depreciated region.

Downtown Berkeley Listing Supply

In the last 90 days, 7 listings have been listed, which means spaces most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 114% of the office spaces in the Downtown Berkeley 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 700 sqft. Most properties in this market are approximately 3 stories. Most buildings in this market were built in 1983 and are Class B.

Downtown Berkeley Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Education is the dominant industry in this area. Commute by walking is the most popular way to get to work amongst Downtown Berkeley occupants. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.

Market Report

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

Market Data

Real time and historical data on commercial real estate listings in Downtown Berkeley.
Research