On average, listings lease in the $50's per square foot per year. The Creekside region is experiencing a a rise in rates. In the last 3 months, the median rate increased $2 per sqft per year. That's a 3% rise in rent.
Compared to the rest of the Silicon Valley market, the Creekside region has greater rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 7 listings have been listed, which means new listings are probably leasing quickly. You'll want to be prepared to make an offer immediately. About 29% of the office spaces in the Creekside 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 14,610 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this area are close to 5 stories. Most buildings in this region were built in 1989 and are Class A.
Arts, entertainment, and restaurants are the dominant industries in this area. Commute by car is the most popular way to get to work amongst Creekside occupants. Commuting approximately 20 minutes a day is the norm for those who opt to reside in this part of town.