Most listings are in the $50's per square foot per year. The Downtown San Jose submarket is seeing a a rise in rates. In the last 3 months, the median rate increased $10 per sqft per year. That's a 20% increase in rent.
Compared to the rest of the Silicon Valley market, the Downtown San Jose region has higher rates, and you'll have to negotiate above asking rent to be in this hot region.
In the last 90 days, 48 listings have come on the market, so you'll want to check back regularly for new listings. About 6% of the office spaces in the Downtown San Jose are subleases, so you will probably need to sign a longer term lease with the landlord directly. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
Even though the median size is 4,210 sqft, there are still 0 listings below 2,000 sqft. Most properties in this region are around 6 stories. Most buildings in this market were built in 1980 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 residents of Downtown San Jose work from home. Commuting around an hour a day is the norm for those who opt to reside in this part of town.