2023 Office Space Rent & Sales
- $60.43 2023 Avg. Asking Rent
- -3.84% Y-o-Y Avg. Asking Rent Change
- 22.10% 2023 Office Vacancy Rate
Emeryville office price per square foot in 2023 was $60.43 on average. This marked a -3.84% change in office space price per square foot compared to the previous year. The local office market recorded an average vacancy rate of 22.10% across all asset classes combined.
See how this market compares to the national average: U.S. office space rent & sales.
Average Rent by Office Class
2023 Average Office Rent per Square Foot
- California Class A & A+ Office Space$56.30
- California Class B Office Space$37.45
- California Class C Office Space$44.91
Emeryville, CA Office Asking Rents by Class
Office Spaces for Rent in California
Coworking Spaces in California
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2023 Office Construction in Emeryville, CA
- Emeryville, CA Total SF completed in 2023 488,058
During 2023, 488,058 square feet of new office space were delivered across the market. At the close of 2023, the Emeryville office inventory included 3 buildings equal to or larger than 25,000 square feet, which comprised 488,058 square feet of office space.
| Office building | Address | SF | Completed |
|---|---|---|---|
| EmeryStation West | 5959 Horton Street, 94608 | 265,000 | 2018 |
| 2100 Powell Street | 2100 Powell Street, 94608 | 344,433 | 2001 |
| EmeryStation I | 5858 Horton Street, 94608 | 270,000 | 2000 |
| Hollis Business Center | 6401 Hollis Street, 94608 | 225,500 | 2000 |
| Tower IV Emeryville | 2100 Powell St, 94608 | 380,000 | 1999 |
| EmeryTech Centre | 1400 65th St, 94608 | 220,000 | 1998 |
| Thoroughbred Building | 1250 53rd Street, 94608 | 65,554 | 1997 |
| OFFICE BUILDING FOR SALE | 1717-1727 64th St, 94608 | 18,296 | 1993 |
| Public Market | 6001 Shellmound Street, 94608 | 190,931 | 1989 |
| Public Market | 6001 Shellmound St., 94608 | 128,000 | 1988 |
Worth noting among recent office completions on the Emeryville market is EmeryStation West, which is currently the largest new office development in the city, at 265,000 square feet.
See reports for other markets
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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 2023 through December 31st 2023. Construction pipeline data represented herein is valid as of April 2024. The information on this page was compiled using data provided by CommercialEdge, a market intelligence solution which offers comprehensive real market knowledge on all Emeryville 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.