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 went up $2 per sqft per year. That's a 4% increase in rent.
In the last 90 days, 114 listings have been posted online, so you'll want to check back regularly for new listings. About 4% of the listings in the Downtown Oakland are subleases, so you will probably have to consider a longer term lease. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 2,330 sqft. Most properties in this area are approximately 4 stories. Most buildings in this region were built in 1935 and are Class B.
A large portion of this area is residential, but there's plenty of office_space. Arts, entertainment, and restaurants are the dominant industries in this area. Commute by taxi is the most popular way to get to work amongst Downtown Oakland occupants. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.