Compared to the rest of the Silicon Valley market, the Los Gatos region has greater rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 25 listings have been listed, which means new listings most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 8% of the office spaces in the Los Gatos 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 available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,850 sqft. Most properties in this region are approximately 2 floors. Most buildings in this market were built in 1982 and are Class B.