Description:
Concord:
Concord is located 29 miles east of San Francisco and adjacent to beautiful Mount Diablo, Concord has maintained the steady growth of both its business and residential communities, offering many
commercial real estate listings. A dynamic, high-rise business core, regional shopping centers and a vibrant, entertainment-driven downtown have created a strong, sustainable economy. A significant number of major corporations and technology-based companies have chosen to locate in Concord, boasting a well-educated workforce, convenient location and employee amenities as driving factors. Furthermore, the City provides ready access to San Francisco, Silicon Valley, the growing North Bay and Sacramento, as well as some of the world's leading universities. It is adjacent to Interstate 680 and State Routes 4 and 242; Concord boasts two (BART) stations. Concord also provides County Connection bus service and rail travel to Sacramento via an AMTRAK station just eight miles from downtown.
Companies who look for spaces in Concord also search in these neighboring cities:
Antioch and
Walnut Creek.
Office and Warehouse space: Business-friendly government policies, outstanding
Class A office space values, numerous
warehouse spaces and excellent transportation combine with favorable home prices, an educated workforce, a dynamic retail environment and an enviable quality of life to make Concord a premier choice to find
commercial office space as well as
office space.
Office and warehouse space can be found in great supply on
Rofo. There are a lot of high end
office buildings in close proximity to BART which as seen as a great benefit for those looking for
commercial real estate space in Concord.
Retail Space: Concord is one of the Bay Area’s leading commercial business centers offering a plethora of
commercial listings. There are many major employers calling Concord home, which gives businesses a better reason to find
commercial real estate in this city. Currently, the city is developing its mixed-use projects that combine
retail spaces,
restaurant sites,
office spaces, and entertainment uses in Salvio Pacheco Square, Park Plaza, and Brenden Theatre Concord. By including a combination of uses, these projects create an active street frontage and a more urban building form in the core of the older downtown area. The Park and Shop and Sun Valley Mall provide many
retail space opportunities across Concord.
Quick Market Stats:
There's roughly 3,500,000
square feet of
office space with a rough overall vacancy rate of 16%. The average
asking rates for Class A
office space is $2.50(fs) and Class B
office space is $2.00(fs) per
square foot per month.