On average, listings lease in the $40's per square foot per year. The North Berkeley region is seeing a decrease in rates. In the last 3 months, the median rate decreased $6 per sqft per year. That's a 11% decrease in rent.
Compared to the rest of the East Bay market, the North Berkeley region has less expensive rates, so you should have no trouble finding a great deal in this undervalued region.
In the last 90 days, 0 listings have been posted online, which means listings are probably going fast. You'll want to be prepared to make an offer immediately. About NaN% of the available space in the North Berkeley are subleases, so you will probably have to focus your search on direct office leases. 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 1,200 sqft. Most buildings in this area are approximately 3 floors. Most buildings in this area were built in 1962.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Professional services is the dominant industry in this region. Commute by public transit is the most popular way to get to work amongst North Berkeley folk. Commuting around 20 minutes a day is the norm for those who opt to reside in this part of town.