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Alameda Office Rent Price & Sales Report

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.

Largest Office Properties Recently Completed in Alameda
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.

Data provided by Commercial Edge

See reports for nearby markets

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  • Redwood City Office Rent Price

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.

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