Most listings are in the $50's per square foot per year. The Downtown San Jose region is seeing a decrease in rates. In the last 3 months, the median rate decreased $4 per sqft per year. That's a 7% decline in rent.
Compared to the rest of the Silicon Valley market, the Downtown San Jose submarket has higher rates, and you'll need to pay a premium to be in this hot region.
In the last 90 days, 48 listings have come on the market, so you'll want to check back regularly for new listings. About 100% of the office spaces in the Downtown San Jose 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 available, so finding a space for a small business might be tough.
Even though the median size is 3,930 sqft, there are still 0 leases below 2,000 sqft. Most properties in this area are approximately 6 stories. Most buildings in this area 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. Utilities is the dominant industry in this region. Most of the folk of Downtown San Jose work from home. Commuting around an hour a day is the norm for those who opt to reside in this part of town.