Most listings are in the $80's per square foot per year. The Redwood Shores submarket is going through a a boost in rates. In the last 3 months, the median rate rose $82 per sqft per year.
Compared to the rest of the Silicon Valley market, the Redwood Shores submarket has higher rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 16 listings have been made available, which means leases most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 125% of the office spaces in the Redwood Shores 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 on the market, so finding a space for a small business might be tough.
Even though the median size is 3,800 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this market are around 4 stories. Most buildings in this region were built in 1993 and are Class A.
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 area. Commute by bike is the most popular way to get to work amongst Redwood Shores occupants. Commuting around 20 minutes a day is the norm for those who opt to reside in this part of town.