Most listings are in the $70's per square foot per year. The Pruneyard region is seeing a a boost in rates. In the last 3 months, the median rate went up $71 per sqft per year.
Compared to the rest of the Silicon Valley market, the Pruneyard submarket has more expensive rates, and you'll have to negotiate above asking rent to be in this hot region.
In the last 90 days, 2 listings have been made available, which means office spaces most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 50% of the available space in the Pruneyard 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 posted, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 2,500 sqft. Most buildings in this area are close to 17 stories. Most buildings in this market were built in 1974 and are Class A.
Wholesale trade is the dominant industry in this market. Commute by bike is the most popular way to get to work amongst Pruneyard 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.