Compared to the rest of the Silicon Valley market, the Pruneyard submarket has more expensive rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 10 listings have been made available, which means new availabilities might be leasing quickly. You'll want to be prepared to make an offer immediately. About 30% of the listings in the Pruneyard are subleases, so you might be able to find a shorter term or below market rent. 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 measurement for office space in this area is around 2,090 sqft. Most properties in this area are approximately 17 stories. Most buildings in this market were built in 1974 and are Class A.
Wholesale trade is the dominant industry in this region. Commute by bike is the most popular way to get to work amongst Pruneyard occupants. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.