Most listings are in the $60's per square foot per year. The Gateway region is experiencing a an increase in rates. In the last 3 months, the median rate went up $6 per sqft per year. That's a 10% increase in rent.
Compared to the rest of the Silicon Valley market, the Gateway region has higher rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 72 listings have been listed, so you'll want to check back regularly for new listings. About 1% of the office spaces in the Gateway are subleases, so you will probably have to consider a longer term lease. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
Even though the median size is 5,870 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this region are close to 5 floors. Most buildings in this market were built in 1998 and are Class A.
Public administration is the dominant industry in this area. Most of the occupants of Gateway work from home. Commuting more than an hour and a half 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 Gateway.
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