Hayward Commercial Real Estate And Office Space For Rent

Description:

The City of Hayward continues to be a good alternative for local companies. Its proximity to the East Bay and Peninsula continue to drive its success as a well located city with an abundance of industrial related jobs. It offers a diverse mix of retail space, industrial space, flex space, and office space options throughout several parts of the city for a companies commercial real estate needs.

 Companies who look in this city also look in nearby cities such as San Leandro, Pleasanton, Castro Valley.

Retail space in Hayward: Hayward has three or four local regional retail centers that provide a great retail solution for local businesses and residents alike. Some options include the Southland mall and the nearby Bay Fair mall in neighboring San Leandro. Downtown Hayward boasts a plethora of shopping options and restaurant options for those working nearby. A recent high end retail development is nearing completion in downtown Hayward and will be providing a new movie theater to the area. Exciting retail opportunities include restaurant space, and storefront space,

Office space in Hayward: Hayward offers many attractive options for East Bay or Peninsula residents who are looking for a new site for their office or commercial space. Hayward offers great access to the rest of the Bay Area and this favorable commute pattern draws a lot of companies to Hayward. Hayward can be accessed by both BART and bus and employees working in Hayward find it to be a very convenient location. Hayward offers high rise office space, low rise office space, lofts, and converted warehouse office space. Most of the office space in Hayward is either found downtown where Mervyns is based or sprinkled throughout retail or industrial areas.

Warehouse space in Hayward: Hayward offers great freeway access and close proximity to the Port of Oakland which helps business justify locating their commercial real estate within Hayward. Hayward’s central location offers warehouse space near Interstate 880, & 580. Hayward is one of the largest industrial towns in the Bay Area and many industries continue to flourish. Many industrial companies find it convenient to locate their business along Interstate 880 as it is a major trucking route that can easily access the port and the airport in Oakland. Hayward has storage spaces, warehouse spaces, distribution spaces, and manufacturing spaces. Hayward provides lab space to the growing local biotech community that is doing well in Hayward. This lab space can be difficult to find and Hayward and their commercial owners have been building lab space for commercial companies many of which come out of UC Berkeley or other local research institutions.  Hayward lab space is prevalent at the base of the San Mateo Bridge and BioMed Realty Partners and Health Care Investment Properties provide excellent space as well as build package to build a companies necessary infrastructure.

Quick Market Stats:

There's roughly 800,000 square feet of office space with a rough overall vacancy rate of 9%.  The average asking rates for Class A office space is $2.00(fs) and Class B office space is $1.75(fs) per square foot per month.

The industrial space market is roughly 50,000,000 square feet and has an overall vacancy rate of just 4%.  Average lease rates range for warehouse space is $0.50 while R&D/Flex space is $0.75.