Hillsdale Retail

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Hillsdale

Office Space Market Report

Number of Listings (last 90 days)
13
Median Rate ($/sqft/yr)
$78
Median Size (sqft)
33,580
As of: March 12, 2017

Hillsdale Rates

Most listings are in the $70's per square foot per year. The Hillsdale region is experiencing a a boost in rates. In the last 3 months, the median rate went up $78 per sqft per year.

Compared to the rest of the Silicon Valley market, the Hillsdale region has higher rates, and you'll need to make a great offer to be in this hot submarket.

Hillsdale Listing Supply

In the last 90 days, 13 listings have been posted online, which means new listings might be going fast. You'll want to be prepared to make an offer immediately. About 15% of the available space in the Hillsdale 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 posted, so finding a space for a small business might be tough.

Even though the median size is 33,580 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this area are approximately 4 stories. Most buildings in this region were built in 2015 and are Class A.

Hillsdale Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Health care is the dominant industry in this market. Commute by motorcycle is the most popular way to get to work amongst Hillsdale occupants. Commuting more than an hour and a half 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 Hillsdale.
Market Report

Market Data

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