The typical asking rate per listing is in the $70's per square foot per year. The The Crossings region is experiencing a an increase in rates. In the last 3 months, the median rate went up $79 per sqft per year.
Compared to the rest of the Silicon Valley market, the The Crossings submarket has greater rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 1 listings have been made available, which means spaces are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 100% of the office spaces in the The Crossings 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 available, so finding a space for a small business might be tough.
Even though the median size is 4,360 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this area are close to 2 stories. Most buildings in this market were built in 1979 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Utilities is the dominant industry in this region. Commute by motorcycle is the most popular way to get to work amongst The Crossings folk. Commuting between 20 and 25 minutes a day is the norm for those who opt to reside in this part of town.