On average, listings lease in the $60's per square foot per year. The Downtown Oakland submarket is seeing a a rise in rates. In the last 3 months, the median rate increased $4 per sqft per year. That's a 6% rise in rent.
In the last 90 days, 120 listings have been made available, so you'll want to check back regularly for new listings. About 3% of the available space in the Downtown Oakland are subleases, so you will probably need to sign a longer term lease with the landlord directly. 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 2,490 sqft. Most properties in this market are approximately 4 floors. Most buildings in this area were built in 1938 and are Class B.
A large portion of this region is residential, but there's plenty of office_space. Arts, entertainment, and restaurants are the dominant industries in this market. Commute by taxi is the most popular way to get to work amongst Downtown Oakland folk. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.