2020 Office Space Rent & Sales
- $40.09 2020 Avg. Asking Rent
- 4.15% Y-o-Y Avg. Asking Rent Change
- 18.47% 2020 Office Vacancy Rate
Alameda office price per square foot in 2020 was $40.09 on average. This marked a +4.15% change in office space price per square foot compared to the previous year. The local office market recorded an average vacancy rate of 18.47% across all asset classes combined.
Average Rent by Office Class
2020 Average Office Rent per Square Foot
- Alameda Class B Office Space$40.96
- Alameda Class C Office Space$23.12
- California Class A Office Space$55.92
- California Class B Office Space$35.12
- California Class C Office Space$23.50
Alameda, CA Office Asking Rents by Class
2020 Office Construction in Alameda, CA
- Alameda, CA Total SF completed in 2020
During 2020, square feet of new office space were delivered across the market. At the close of 2020, the Alameda office inventory included buildings equal to or larger than 25,000 square feet, which comprised square feet of office space.
| Office building | Address | SF | Completed |
|---|---|---|---|
| 1951 Harbor Bay Pkwy | 1951 Harbor Bay Pkwy, 94501 | 220,000 | 2022 |
| 2321 North Loop Road | 2321 North Loop Road, 94502 | 55,985 | 2016 |
| 2601 Harbor Bay Pkwy | 2601 Harbor Bay Pkwy, 94502 | 45,000 | 2012 |
| 2801 Harbor Bay Pkwy | 2801 Harbor Bay Pkwy, 94502 | 45,000 | 2012 |
| 2901 Harbor Bay Pkwy | 2901 Harbor Bay Pkwy, 94502 | 45,000 | 2012 |
| 2701 Harbor Bay Pkwy | 2701 Harbor Bay Pkwy, 94502 | 26,404 | 2012 |
| Venture Commerce Center - 2201-2263 Harbor Bay Pkwy | 2207 Harbor Bay Pkwy, 94502 | 62,363 | 2007 |
| Venture Commerce Center - 2161-2199 Harbor Bay Pkwy | 2161 Harbor Bay Pkwy, 94502 | 63,154 | 2005 |
| Research Park at Marina Village - 500 Wind River Way | 500 Wind River Way, 94501 | 77,130 | 2001 |
| Research Park at Marina Village - 600 Wind River Way | 600 Wind River Way, 94501 | 77,130 | 2001 |
Worth noting among recent office completions on the Alameda market is 1951 Harbor Bay Pkwy, which is currently the largest new office development in the city, at 220,000 square feet.
See reports for nearby markets
This market stats report is based on analysis of city-level data that includes office properties equal to or larger than 25,000 square feet in size. Averages were calculated based on values dated January 1st 2020 through December 31st 2020. Construction pipeline data represented herein is valid as of April 2021. The information on this page was compiled using data provided by CommercialEdge, a market intelligence solution which offers comprehensive real market knowledge on all Alameda commercial properties sized 25,000 square feet or larger.
While every effort was made to ensure the accuracy of the data presented in this report, the information is provided “as is” and neither CommercialCafe nor CommercialEdge can guarantee that the information provided is complete.