Northern Waterfront Sublease

Northern Waterfront

Office Space Market Report

Number of Listings (last 90 days)
7
Median Rate ($/sqft/yr)
$67
Median Size (sqft)
5,440
As of: June 22, 2017

Northern Waterfront Rates

Most listings are in the $60's per square foot per year. The Northern Waterfront submarket is seeing a a boost in rates. In the last 3 months, the median rate increased $67 per sqft per year.

Compared to the rest of the Bay Area market, the Northern Waterfront region has higher rates, and you'll have to negotiate above asking rent to be in this hot submarket.

Northern Waterfront Listing Supply

In the last 90 days, 7 listings have been listed, which means new listings are probably leasing quickly. You'll want to be prepared to make an offer immediately. About 29% of the listings in the Northern 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 posted, so finding a space for a small business might be tough.

Even though the median size is 5,440 sqft, there are still 0 leases below 2,000 sqft. Most properties in this region are around 4 floors. Most buildings in this area were built in 1927 and are Class B.

Northern Waterfront Community

This market is fairly equally mixed residential and commercial. Arts, entertainment, and restaurants are the dominant industries in this area. Commute by walking is the most popular way to get to work amongst Northern Waterfront folk. Commuting approximately an hour and a half 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 Northern Waterfront.
Market Report

Market Data

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