On average, listings lease in the $30's per square foot per year. The The Old Quad region is going through a an increase in rates. In the last 3 months, the median rate increased $40 per sqft per year.
Compared to the rest of the Silicon Valley market, the The Old Quad region has less expensive rates, so you should have no trouble finding a great deal in this discounted region.
In the last 90 days, 7 listings have been listed, which means spaces are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 57% of the office spaces in the The Old Quad 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 on the market, so finding a space for a small business might be tough.
Even though the median size is 6,310 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this area are close to 2 stories. Most buildings in this region were built in 1988 and are Class C.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Real estate is the dominant industry in this market. Commute by walking is the most popular way to get to work amongst The Old Quad occupants. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.