Compared to the rest of the Silicon Valley market, the Centennial submarket has greater rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 11 listings have come on the market, which means leases might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 82% of the listings in the Centennial are subleases, so you might be able to snag a great spot on a short term. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,340 sqft. Most buildings in this region are approximately 2 floors. Most buildings in this market were built in 1975 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Manufacturing is the dominant industry in this area. Commute by walking is the most popular way to get to work amongst Centennial residents. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.