Produce and Waterfront Sublease

Produce and Waterfront

Office Space Market Report

Number of Listings (last 90 days)
13
Median Rate ($/sqft/yr)
$48
Median Size (sqft)
2,350
As of: August 17, 2017

Produce and Waterfront Rates

Most listings are in the $40's per square foot per year. The Produce and Waterfront submarket is going through a decline in rates. In the last 3 months, the median rate decreased $8 per sqft per year. That's a 14% decline in rent.

Compared to the rest of the East Bay market, the Produce and Waterfront region has more expensive rates, and you'll have to negotiate above asking rent to be in this hot region.

Produce and Waterfront Listing Supply

In the last 90 days, 13 listings have been posted online, which means spaces are probably going fast. You'll want to be prepared to tour spaces as quick as possible. About 85% of the listings in the Produce and Waterfront 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 2,350 sqft. Most properties in this region are around 2 floors. Most buildings in this region were built in 1957 and are Class B.

Produce and Waterfront Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Real estate is the dominant industry in this area. Most of the folk of Produce and Waterfront work from home. 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 Produce and Waterfront.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Produce and Waterfront.
Research