Most listings are in the $70's per square foot per year. The Pruneyard region is going through a a boost in rates. In the last 3 months, the median rate increased $71 per sqft per year.
Compared to the rest of the Silicon Valley market, the Pruneyard submarket has greater rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 2 listings have been made available, which means leases are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 300% of the office spaces in the Pruneyard 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.
The standard measurement for office space in this area is around 2,500 sqft. Most properties in this region are around 17 floors. Most buildings in this region were built in 1973 and are Class A.
Wholesale trade is the dominant industry in this market. 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.