Compared to the rest of the Silicon Valley market, the Hillsdale submarket has greater rates, and you'll have to negotiate above asking rent to be in this hot submarket.
In the last 90 days, 31 listings have come on the market, which means new availabilities most likley are going fast. You'll want to be prepared to make an offer immediately. About 3% of the listings in the Hillsdale are subleases, so you will probably have to focus your search on direct office leases. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
Even though the median size is 18,200 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this area are approximately 4 floors. Most buildings in this region were built in 2015 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Health care is the dominant industry in this market. Commute by motorcycle is the most popular way to get to work amongst Hillsdale residents. 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 Hillsdale.
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