Highlights
- The average rent for office space in Newark is $49.34 per square foot, 1.06% lower compared to the previous year.
- The market’s vacancy rate stands at 14.20%, lower than the state average of California, which is 18.44%.
2025 Office Space Rent & Sales
- $49.34 2025 Avg. Asking Rent
- -1.06% Y-o-Y Avg. Asking Rent Change
- 14.20% 2025 Office Vacancy Rate
What is the average asking rent price for office space in Newark?
Average asking rents for office space here stand at $49.34 per square foot. The local office market recorded an average vacancy rate of 14.20% in 2025, unchanged from 14.20% in 2024.
Newark, 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.
What are the largest recent office completions in Newark?
The largest recent office completion here is Pacific Research Center - Buildings 4 & 5 at 203,848 square feet, completed in 1999. The next largest completions are Pacific Research Center - Building 7 and Balentine Office Park.
| Office building | Address | SF | Completed |
|---|---|---|---|
| Newark Tech Center - 8100 Jarvis Avenue | 8100 Jarvis Avenue, 94560 | 53,259 | 2002 |
| Pacific Research Center - Building 7 | 7999 Gateway Blvd, 94560 | 178,047 | 2001 |
| Pacific Research Center - Building 6 | 7979 Gateway Blvd, 94560 | 92,324 | 2001 |
| Newark Tech Center - 8000 Jarvis Avenue | 8000 Jarvis Avenue, 94560 | 49,580 | 2001 |
| Pacific Research Center - Buildings 4 & 5 | 7707 Gateway Blvd, 94560 | 203,848 | 1999 |
| 8430-8450 Central Avenue | 8450 Central Avenue, 94560 | 33,427 | 1986 |
| Balentine Office Park | 39899 Balentine Dr, 94560 | 115,611 | 1985 |
| 39899 Balentine Drive | 39899 Balentine Drive, 94560 | 113,255 | 1985 |
| 39899 Balentine Drive | 39899 Balentine Drive, 94560 | 113,255 | 1985 |
See reports for other markets
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- San Francisco Office Rent Price
- San Diego Office Rent Price
- Sacramento Office Rent Price
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- Palo Alto Office Rent Price
- Santa Monica Office Rent Price
- Pasadena Office Rent Price
- Redwood City Office Rent Price
- Walnut Creek Office Rent Price
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- 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.