Hillsdale Sublease

Hillsdale

Office Space Market Report

Number of Listings (last 90 days)
10
Median Rate ($/sqft/yr)
$78
Median Size (sqft)
33,580
As of: February 20, 2017

Hillsdale Rates

The typical asking rate per listing is in the $70's per square foot per year. The Hillsdale submarket is going through a an increase in rates. In the last 3 months, the median rate increased $78 per sqft per year.

Compared to the rest of the Silicon Valley market, the Hillsdale submarket has greater rates, and you'll need to make a great offer to be in this hot submarket.

Hillsdale Listing Supply

In the last 90 days, 10 listings have come on the market, which means office spaces might be leasing quickly. You'll want to be prepared to make an offer immediately. About 20% of the listings in the Hillsdale are subleases, so you might be able to sign a shorter term by taking over a previous lease. 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 33,580 sqft, there are still 0 listings below 2,000 sqft. Most properties in this region are approximately 4 floors. Most buildings in this area were built in 2016 and are Class A.

Hillsdale Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Health care is the dominant industry in this area. Commute by motorcycle is the most popular way to get to work amongst Hillsdale residents. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.

Market Report

Trends and status of the commercial real estate market in Hillsdale.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Hillsdale.
Research