Compared to the rest of the Silicon Valley market, the Downtown Menlo Park region has higher rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 59 listings have come on the market, so you'll want to check back regularly for new listings. About 14% of the available space in the Downtown Menlo Park are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 2,500 sqft. Most properties in this market are around 2 stories. Most buildings in this area were built in 1965 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Finance and insurance are the dominant industries in this market. Most of the occupants of Downtown Menlo Park work from home. Commuting approximately an hour a day is the norm for those who opt to reside in this part of town.
Real time and historical data on commercial real estate listings in Downtown Menlo Park.
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