Compared to the rest of the Silicon Valley market, the Hillsdale region has more expensive rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 13 listings have been listed, which means new listings are probably leasing quickly. You'll want to be prepared to make an offer immediately. About 8% of the listings in the Hillsdale are subleases, so you will probably need to sign a longer term lease with the landlord directly. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
Even though the median size is 20,320 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this area are close to 4 floors. Most buildings in this area 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 folk. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.