Showplace Square Sublease

Showplace Square

Office Space Market Report

Number of Listings (last 90 days)
13
Median Rate ($/sqft/yr)
$61
Median Size (sqft)
5,000
As of: June 24, 2017

Showplace Square Rates

The typical asking rate per listing is in the $60's per square foot per year. The Showplace Square submarket is experiencing a a boost in rates. In the last 3 months, the median rate went up $61 per sqft per year.

Compared to the rest of the Bay Area market, the Showplace Square submarket has greater rates, and you'll need to pay a premium to be in this hot submarket.

Showplace Square Listing Supply

In the last 90 days, 13 listings have been posted online, which means listings might be going fast. You'll want to be prepared to make an offer immediately. About 38% of the available space in the Showplace Square are subleases, so you might be able to find a shorter term or below market rent. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

Even though the median size is 5,000 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this market are close to 3 stories. Most buildings in this area were built in 1944 and are Class B.

Showplace Square Community

Real estate is the dominant industry in this area. Commute by bike is the most popular way to get to work amongst Showplace Square occupants. Commuting around 20 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 Showplace Square.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Showplace Square.
Research