Town Center Office Space

Town Center

Office Space Market Report

Number of Listings (last 90 days)
3
Median Rate ($/sqft/yr)
$63
Median Size (sqft)
8,830
As of: August 20, 2017

Town Center Rates

Compared to the rest of the Silicon Valley market, the Town Center region has more expensive rates, and you'll have to negotiate above asking rent to be in this hot region.

Town Center Listing Supply

In the last 90 days, 3 listings have been posted online, which means new availabilities most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 133% of the available leases in the Town Center 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 on the market, so finding a space for a small business might be tough.

Even though the median size is 8,830 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this area are close to 4 stories. Most buildings in this area were built in 1993 and are Class A.

Town Center Community

Health care is the dominant industry in this market. Commute by walking is the most popular way to get to work amongst Town Center residents. Commuting close to 20 minutes 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 Town Center.
Market Report

Market Data

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