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Compared to the rest of the Silicon Valley commercial real estate market, the City Center submarket has greater rates for rent, and you may have to negotiate above asking rent to be in this hot submarket.
In the last 90 days, 47 commercial real estate listings have been made available, so you'll want to check back regularly for new listings. About 2% of the available commercial real estate space in the City Center are subleases, so you will probably have to consider a longer term lease. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
The standard size for office space in this area is around 710 sqft. Most properties in this region are approximately 2 floors. Most buildings in this market were built around 1984 and are Class A.
A large portion of this area is residential, but there's plenty of office space. Professional services is the dominant industry in this market. Commute by public transit is the most popular way to get to work amongst City Center residents. Commuting under 5 minutes 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 City Center.
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