Hillsdale Office Space

Hillsdale

Office Space Market Report

Number of Listings (last 90 days)
13
Median Rate ($/sqft/yr)
$63
Median Size (sqft)
2,830
As of: July 27, 2017

Hillsdale Rates

Most listings are in the $60's per square foot per year. The Hillsdale region is going through a decrease in rates. In the last 3 months, the median rate fell $15 per sqft per year. That's a 19% decline in rent.

Compared to the rest of the Silicon Valley market, the Hillsdale region has more expensive rates, and you'll need to make a great offer to be in this hot region.

Hillsdale Listing Supply

In the last 90 days, 13 listings have come on the market, which means listings are probably going fast. You'll want to be prepared to make an offer immediately. About 8% of the available leases in the Hillsdale 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 on the market, so finding a space for a small business might be tough.

Even though the median size is 2,830 sqft, there are still 0 leases below 2,000 sqft. Most properties in this market are around 4 stories. Most buildings in this region were built in 2015 and are Class A.

Hillsdale Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Health care is the dominant industry in this area. Commute by motorcycle is the most popular way to get to work amongst Hillsdale 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.

Market Report

Trends and status of the commercial real estate market in Hillsdale.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Hillsdale.
Research