Compared to the rest of the Silicon Valley market, the Pruneyard submarket has higher rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 2 listings have been made available, which means new listings might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 400% of the available leases in the Pruneyard are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 2,500 sqft. Most buildings in this area are approximately 17 stories. Most buildings in this area were built in 1973 and are Class A.
Wholesale trade is the dominant industry in this region. Commute by bike is the most popular way to get to work amongst Pruneyard residents. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.