Compared to the rest of the Silicon Valley market, the Gateway submarket has greater rates, and you'll have to negotiate above asking rent to be in this hot region.
In the last 90 days, 11 listings have come on the market, which means spaces are probably going fast. You'll want to be prepared to tour spaces as quick as possible. About 9% of the office spaces in the Gateway are subleases, so you will probably need to consider the implications of signing a direct lease with the building. 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 7,040 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this market are around 5 floors. Most buildings in this market were built in 1998 and are Class A.
Public administration is the dominant industry in this market. 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.