The typical asking rate per listing is in the $50's per square foot per year. The La Gonda Way region is going through a a boost in rates. In the last 3 months, the median rate went up $8 per sqft per year. That's a 18% increase in rent.
Compared to the rest of the East Bay market, the La Gonda Way region has greater rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 1 listings have been listed, which means listings might be going fast. You'll want to be prepared to tour spaces as quick as possible. 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 2,150 sqft. Most properties in this market are close to 2 stories. Most buildings in this region were built in 1986 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Finance and insurance are the dominant industries in this market. Commute by car is the most popular way to get to work amongst La Gonda Way residents. Commuting close to an hour a day is the norm for those who opt to reside in this part of town.