Highlights
- The average rent for office space in Foster City is $59.85 per square foot, 12.45% lower compared to the previous year.
- The market’s vacancy rate stands at 40.39%, higher than the state average of California, which is 18.44%.
- 192,100 square feet is currently under construction.
2025 Office Space Rent & Sales
- $59.85 2025 Avg. Asking Rent
- -12.45% Y-o-Y Avg. Asking Rent Change
- 40.39% 2025 Office Vacancy Rate
What is the average asking rent price for office space in Foster City?
Average asking rents for office space here stand at $59.85 per square foot. The local office market recorded an average vacancy rate of 40.39% in 2025, unchanged from 40.39% in 2024.
Foster City, 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.
Office Construction in Foster City, CA
- Foster City, CA Total SF under construction in 2026 192,100
What are the largest recent office completions in Foster City?
The largest recent office completion here is Metro Center at 724,818 square feet, completed in 1986. The next largest completions are Parkside Towers and Metro Center.
| Office building | Address | SF | Completed |
|---|---|---|---|
| Parkside Towers | 1001-1051 Hillsdale Blvd, E., 94404 | 399,590 | 2000 |
| Metro Center III | 919 Hillsdale Blvd, E., 94404 | 144,810 | 1988 |
| Metro Center | 950 Tower Lane, 94404 | 724,818 | 1986 |
| Metro Center | 950 Tower Ln, 94404 | 394,086 | 1986 |
| Metro Center I | 989 Hillsdale Blvd, E., 94404 | 144,251 | 1985 |
| Lincoln Centre Dr | 101 Lincoln Centre Dr, 94404 | 110,000 | 1983 |
| 1118 Chess | 1118 Chess Dr, 94404 | 9,540 | 1980 |
| 1118 Chess Dr | 1118 Chess Dr, 94404 | 4,472 | 1968 |
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.