Compared to the rest of the Silicon Valley market, the Gateway submarket has more expensive rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 5 listings have been listed, which means office spaces most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 20% of the available leases in the Gateway 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 13,140 sqft, there are still 0 leases below 2,000 sqft. Most properties in this area are close to 5 stories. Most buildings in this area were built in 1998 and are Class A.
Public administration is the dominant industry in this region. Most of the occupants of Gateway work from home. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.