On average, listings lease in the $60's per square foot per year. The East Campbell submarket is seeing a an increase in rates. In the last 3 months, the median rate went up $17 per sqft per year. That's a 35% increase in rent.
Compared to the rest of the Silicon Valley market, the East Campbell submarket has greater rates, and you'll have to negotiate above asking rent to be in this hot submarket.
In the last 90 days, 8 listings have been listed, which means new listings are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 38% of the listings in the East Campbell are subleases, so you might be able to snag a great spot on a short term. 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 4,410 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this area are approximately 5 floors. Most buildings in this region were built in 1984 and are Class A.
A large portion of this area is residential, but there's plenty of office_space. Waste services is the dominant industry in this region. Commute by public transit is the most popular way to get to work amongst East Campbell residents. Commuting approximately 30 minutes a day is the norm for those who opt to reside in this part of town.