Most listings are in the $50's per square foot per year. The Showplace Square submarket is going through a an increase in rates. In the last 3 months, the median rate rose $28 per sqft per year. That's a 88% increase in rent.
Compared to the rest of the Bay Area market, the Showplace Square region has higher rates, and you'll need to pay a premium to be in this hot region.
In the last 90 days, 13 listings have been posted online, which means office spaces most likley are leasing quickly. You'll want to be prepared to make an offer immediately. About 38% of the listings in the Showplace Square are subleases, so you might be able to find a shorter term or below market rent. 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 5,220 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this area are around 3 floors. Most buildings in this market were built in 1944 and are Class B.
Real estate is the dominant industry in this region. Commute by bike is the most popular way to get to work amongst Showplace Square residents. Commuting approximately 20 minutes a day is the norm for those who opt to reside in this part of town.