Hillsdale Office Space


Office Space Market Report

Number of Listings (last 90 days)
Median Rate ($/sqft/yr)
Median Size (sqft)
As of: October 20, 2016

Hillsdale Rates

On average, listings lease in the $80's per square foot per year. The Hillsdale region is going through a an increase in rates. In the last 3 months, the median rate increased $4 per sqft per year. That's a 5% rise in rent.

Compared to the rest of the Silicon Valley market, the Hillsdale region has higher rates, and you'll need to pay a premium to be in this hot region.

Hillsdale Listing Supply

In the last 90 days, 2 listings have been made available, which means listings might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 100% of the office spaces in the Hillsdale 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 posted, so finding a space for a small business might be tough.

Even though the median size is 29,050 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this market are close to 4 floors. Most buildings in this market were built in 2016 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 folk. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.

Belmont Submarkets