Compared to the rest of the Silicon Valley market, the Sierra Point region has more expensive rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 7 listings have been listed, which means leases are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 14% of the available space in the Sierra Point 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 20,120 sqft, there are still 0 leases below 2,000 sqft. Most properties in this area are close to 5 stories. Most buildings in this region were built in 1989 and are Class A.
Public administration is the dominant industry in this market. Most of the residents of Sierra Point work from home. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.