Compared to the rest of the Silicon Valley market, the Gateway region has more expensive rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 5 listings have been listed, which means office spaces are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 20% of the available leases in the Gateway 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 available, so finding a space for a small business might be tough.
Even though the median size is 13,140 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this region are around 5 stories. Most buildings in this market were built in 1998 and are Class A.
Public administration is the dominant industry in this market. Most of the residents of Gateway 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.