2022 Office Space Rent & Sales
- $35.27 2022 Avg. Asking Rent
- -1.30% Y-o-Y Avg. Asking Rent Change
- 4.33% 2022 Office Vacancy Rate
- $253.8M2022 Total Office Sales
- $551.37Avg. Sale Price/SF
Fremont office price per square foot in 2022 was $35.27 on average. This marked a -1.30% change in office space price per square foot compared to the previous year. The local office market recorded an average vacancy rate of 4.33% across all asset classes combined. The 7 transactions that closed here throughout 2022 amounted to a total sale volume of $253.8M. Fremont office space commanded an average sale price per square foot of $551.37.
Average Rent by Office Class
2022 Average Office Rent per Square Foot
- Fremont Class B Office Space$35.53
- Fremont Class C Office Space$29.06
- California Class A & A+ Office Space$59.32
- California Class B Office Space$37.75
- California Class C Office Space$25.55
Fremont, CA Office Asking Rents by Class
Fremont Office Sale Price per SF
- $551.372022 Avg. Price per SF
- 46.71%Y-o-Y Avg. PpSF Change
- $253.8M2022 Office Sales Volume
- 72022 Number of Transactions
Fremont, CA Sale Price per SF Trend
- Fremont Avg. Sale Price per SF in 2022$551.37
- California Avg. Sale Price per SF in 2022$396.51
2022 Office Sales Volume
- Fremont, CA Total Office Sales Volume in 2022 $253.8M
- Fremont, CA Total Number of Office Sales Closed in 2022 7
Largest Fremont Office Sales in 2022
Property name | Address | Date | Price |
---|---|---|---|
Bayside Technology Park - 47071 Bayside Pkwy | 47071 Bayside Pkwy | 7/27/2022 | $82,000,000 |
Ardenwood Technology Park - 6500 Kaiser Drive | 6500 Kaiser Drive | 9/16/2022 | $42,500,000 |
6300 Dumbarton Circle | 6300 Dumbarton Circle | 9/16/2022 | $38,000,000 |
34325 Ardenwood Blvd | 34325 Ardenwood Blvd | 6/17/2022 | $24,904,000 |
44235 Nobel Drive | 44235 Nobel Drive | 5/4/2022 | $24,845,000 |
Coworking Spaces in California
- Los Angeles Coworking Space
- San Francisco Coworking Space
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- Las Vegas Coworking Space
- Seattle Coworking Space
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- Irvine Coworking Space
- Scottsdale Coworking Space
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- Long Beach Coworking Space
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- Pasadena Coworking Space
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- Palo Alto Coworking Space
- Berkeley Coworking Space
2022 Office Construction in Fremont, CA
Office building | Address | SF | Completed |
---|---|---|---|
34793 Ardentech Court | 34793 Ardentech Court, 94555 | 83,996 | 2005 |
34793 Ardentech Court | 34793 Ardentech Court, 94555 | 83,996 | 2005 |
Fremont Business Park | 48371 Fremont Blvd, 94538 | 123,782 | 2001 |
6100 Stevenson Blvd - Building B | 6100 Stevenson Blvd, 94538 | 39,680 | 2000 |
Fremont Technology Park - 46400-46458 Fremont Blvd | 46400 Fremont Blvd, 94538 | 139,429 | 1999 |
Civic Center Place | 39141 Civic Center Drive, 94538 | 110,679 | 1999 |
Scott Creek Business Park | 400 Kato Terrace, 94539 | 302,004 | 1998 |
43801 Mission Blvd | 43801 Mission Blvd, 94539 | 12,500 | 1998 |
Northport Business Park - 45700 Northport Loop East & 4350 Starboard Drive | 45700 Northport Loop East, 94538 | 47,570 | 1996 |
Prologis Park Bayside - 3342-3390 Gateway Blvd | 3342 Gateway Blvd, 94538 | 198,200 | 1991 |
Worth noting among recent office completions on the Fremont market is 34793 Ardentech Court, which is currently the largest new office development in the city, at 83,996 square feet.
See reports for other markets
- Los Angeles Office Rent Price
- San Diego Office Rent Price
- San Francisco Office Rent Price
- San Jose Office Rent Price
- Sacramento Office Rent Price
- Irvine Office Rent Price
- Fresno Office Rent Price
- Sunnyvale Office Rent Price
- Santa Clara Office Rent Price
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- San Antonio Office Rent Price
- Denver Office Rent Price
- Charlotte Office Rent Price
- Austin 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 2022 through December 31st 2022. Construction pipeline data represented herein is valid as of April 2023. The information on this page was compiled using data provided by CommercialEdge, a market intelligence solution which offers comprehensive real market knowledge on all Fremont 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.