Old Palo Alto Sublease

Old Palo Alto

Office Space Market Report

Number of Listings (last 90 days)
Median Rate ($/sqft/yr)
Median Size (sqft)
As of: August 21, 2017

Old Palo Alto Rates

The typical asking rate per listing is in the $110's per square foot per year. The Old Palo Alto region is going through a a boost in rates. In the last 3 months, the median rate went up $119 per sqft per year.

Compared to the rest of the Silicon Valley market, the Old Palo Alto submarket has greater rates, and you'll have to negotiate above asking rent to be in this hot region.

Old Palo Alto Listing Supply

In the last 90 days, 0 listings have been made available, which means office spaces might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About Inf% of the listings in the Old Palo Alto 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 on the market, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,100 sqft. Most buildings in this area were built in 1970 and are Class B.

Old Palo Alto Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Wholesale trade is the dominant industry in this market. Commute by walking is the most popular way to get to work amongst Old Palo Alto residents. Commuting under 5 minutes 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 Old Palo Alto.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Old Palo Alto.