Compared to the rest of the Silicon Valley market, the Neighborhood 4 region has higher rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 1 listings have come on the market, which means spaces might be leasing quickly. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,600 sqft. Most buildings in this market were built in 2001 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 area. Most of the occupants of Neighborhood 4 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.