Highlights
- The average rent for office space in Berkeley is $41.60 per square foot, 0.55% lower compared to the previous year.
- The market’s vacancy rate stands at 37.68%, higher than the state average of California, which is 18.44%.
2025 Office Space Rent & Sales
- $41.60 2025 Avg. Asking Rent
- -0.55% Y-o-Y Avg. Asking Rent Change
- 37.68% 2025 Office Vacancy Rate
What is the average asking rent price for office space in Berkeley?
Average asking rents for office space here stand at $41.60 per square foot. The local office market recorded an average vacancy rate of 37.68% in 2025, unchanged from 37.68% in 2024.
Berkeley, CA Office Asking Rents by Class
What is the average office rent per square foot by property class in CA?
- Avg. Asking Rent Class A & A+$58.81
- Avg. Asking Rent Class B$37.82
- Avg. Asking Rent Class C$22.26
For comparison, the average rent for Class A and A+ office space in California was $58.81 per square foot. The state-wide average for Class B space was $37.82 per square foot, and Class C office spaces averaged $22.26 per square foot.
Berkeley, CA Office Indicators by Submarket
| Submarket | Asking Rents | Vacancy Rates |
|---|---|---|
| Berkeley - Central | $50.73 | 27.60% |
| Berkeley - West | $26.67 | 43.04% |
Office Construction in Berkeley, CA
What are the largest recent office completions in Berkeley?
The largest recent office completion here is Berkeley Commons - Bancroft Building at 234,034 square feet, completed in 2024. The next largest completions are Aquatic Park Center - 725 Potter Street and Huntmont Medical Building.
| Office building | Address | SF | Completed |
|---|---|---|---|
| Berkeley Commons - Bancroft Building | 601 Bancroft Street, 94710 | 234,034 | 2024 |
| Berkeley Way West | 1919 Shattuck Ave, 94704 | 16,980 | 2018 |
| David Browner Center | 2150 Allston Way, 94704 | 50,000 | 2009 |
| Aquatic Park Center - 725 Potter Street | 725 Potter Street, 94710 | 81,500 | 2002 |
| 3017 Telegraph Avenue | 3017 Telegraph Avenue, 94705 | 16,820 | 1987 |
| 3017 Telegraph Ave | 3017 Telegraph Ave, 94705 | 16,000 | 1987 |
| Aquatic Park Center - 2910 7th Street | 2910 7th Street, 94710 | 45,000 | 1985 |
| 2001 Addison Street | 2001 Addison Street, 94704 | 28,805 | 1985 |
| 2550 Shattuck Avenue | 2550 Shattuck Ave, 94704 | 14,260 | 1985 |
| Huntmont Medical Building | 2999 Regent Street, 94705 | 61,331 | 1978 |
See reports for other markets
- Los Angeles Office Rent Price
- San Francisco Office Rent Price
- San Diego Office Rent Price
- Sacramento Office Rent Price
- San Jose Office Rent Price
- Irvine Office Rent Price
- Fresno Office Rent Price
- Oakland Office Rent Price
- Palo Alto Office Rent Price
- Santa Monica Office Rent Price
- Pasadena Office Rent Price
- Redwood City Office Rent Price
- Walnut Creek Office Rent Price
- Santa Clara Office Rent Price
- Long Beach Office Rent Price
- Beverly Hills Office Rent Price
Disclaimer
All information on this page is based on city-level data that includes properties equal to or larger than 25,000 square feet.
Averages were calculated based on values dated between January 1st and December 31st 2025. Construction pipeline data represented herein is valid as of January 2026.
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 Yardi Research Data can guarantee that the information provided is complete.