Berkeley, California, is a hub for businesses and entrepreneurs, making it an ideal location for a Commercial Real Estate Property For Lease. With its proximity to the University of California, Berkeley, and the Lawrence Berkeley National Laboratory, the city attracts a diverse range of industries and talent. The city's infrastructure, including transportation services like Amtrak, AC Transit, and BART, as well as bicycle and pedestrian paths, makes it an attractive location for businesses. Additionally, Berkeley is home to notable companies like Peet's Coffee, the Claremont Resort, and Fantasy Studios, which contribute to the city's thriving economy. The city's many amenities, including Alta Bates Summit Medical Center and Herrick Hospital, Ohlone Greenway and San Francisco Bay Trail, and the Berkeley I-80 bridge, make it an appealing location for businesses and residents alike.
Berkeley's Commercial Real Estate market offers a range of options, including 202 listings available For Lease. With an average annual rent of $40 USD per square foot, and spaces ranging from 10 square feet to 335,000 square feet, there's something for every business need. In addition to Commercial Real Estate, Berkeley also offers Office Space, Coworking Space, Retail Space, and Industrial options, each with its own unique characteristics and advantages. For example, Office Space in Berkeley is ideal for businesses that require a professional setting, while Coworking Space is perfect for startups and entrepreneurs. Retail Space is abundant in the city's commercial cores, such as Downtown Berkeley and the Gourmet Ghetto, while Industrial options are available in areas like West Berkeley. With its diverse range of options and thriving economy, Berkeley is an ideal location for businesses of all types.
What factors should I consider when leasing commercial real estate?
When leasing commercial real estate in Berkeley, there are several key factors to consider, including:
- Average annual rent per square foot, which is currently $40 USD per square foot, and average space size, which is approximately 18,989 square feet, to ensure you're getting a fair deal.
- The location and accessibility of the property, taking into account Berkeley's transportation infrastructure, including Amtrak, AC Transit, and BART stations, as well as bicycle and pedestrian paths like the Ohlone Greenway and the San Francisco Bay Trail.
- The local economy and industry, with major sectors in Berkeley including food, hospitality, and retail, and notable businesses like Chez Panisse, Peet's Coffee, and the Claremont Resort, to determine if the property is well-suited for your business needs.
How do I determine the right size and type of commercial property to rent for my business needs?
When searching for the right commercial property to rent for your business needs in Berkeley, it's essential to consider factors such as the size of the space, type of property, and location. By evaluating your business requirements and assessing the available options, you can find a property that meets your needs and supports your growth.
- Start by determining the minimum and maximum square footage you require, considering factors such as employee count, equipment needs, and storage requirements. For reference, the average size of commercial real estate for lease in Berkeley is 18,989 square feet, with a maximum space size of 335,000 square feet.
- Identify the type of property that best suits your business, such as office, retail, or industrial space. With 202 available listings of commercial real estate for lease in Berkeley, you can explore various options to find the right fit.
- Assess the location of the property, considering factors such as proximity to public transportation, amenities, and your target market. Berkeley's infrastructure, including Amtrak, AC Transit, and BART stations, provides easy access to the city and surrounding areas, making it an attractive location for businesses.
