Compared to the rest of the Silicon Valley market, the University South region has greater rates, and you'll have to negotiate above asking rent to be in this hot submarket.
In the last 90 days, 12 listings have been posted online, which means listings might be going fast. You'll want to be prepared to tour spaces as quick as possible. About 50% of the office spaces in the University South 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.
The standard measurement for office space in this area is around 1,880 sqft. Most buildings in this area are around 2 stories. Most buildings in this market were built in 1962 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Waste services is the dominant industry in this market. Most of the folk of University South work from home. Commuting approximately an hour a day is the norm for those who opt to reside in this part of town.