2020 Office Space Rent & Sales
- $25.36 2020 Avg. Asking Rent
- -3.81% Y-o-Y Avg. Asking Rent Change
- 9.21% 2020 Office Vacancy Rate
Hayward office price per square foot in 2020 was $25.36 on average. This marked a -3.81% change in office space price per square foot compared to the previous year. The local office market recorded an average vacancy rate of 9.21% across all asset classes combined.
Average Rent by Office Class
2020 Average Office Rent per Square Foot
- Hayward Class B Office Space$25.73
- Hayward Class C Office Space$19.34
- California Class A Office Space$55.92
- California Class B Office Space$35.12
- California Class C Office Space$23.50
Hayward, CA Office Asking Rents by Class
2020 Office Construction in Hayward, CA
- Hayward, 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 Hayward office inventory included buildings equal to or larger than 25,000 square feet, which comprised square feet of office space.
|Mount Eden Business Park||25801 Industrial Blvd, 94545||370,000||1999|
|Kaiser Permanente Hayward-Sleepy Hollow Medical Offices||27303 Sleepy Hollow Avenue South, 94545||69,136||1988|
|Mission Park Center||30030 Mission Blvd, 94544||30,460||1988|
|Plaza Center||22320 Foothill Blvd, 94541||138,960||1987|
|27206 Calaroga Avenue||27206 Calaroga Avenue, 94545||35,408||1987|
|Barrington Corporate Park - 2525 Barrington Court||2525 Barrington Court, 94545||31,464||1987|
|25495 Whitesell Street||25495 Whitesell Street, 94545||64,512||1985|
|21615 Hesperian Blvd||21615 Hesperian Blvd, 94541||43,533||1985|
|21124 Cabot Blvd||21124 Cabot Blvd, 94545||27,897||1984|
|Britannia Point Eden||3906 Trust Way, 94545||530,000||1982|
Worth noting among recent office completions on the Hayward market is Mount Eden Business Park, which is currently the largest new office development in the city, at 370,000 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 Hayward 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.