Redwood Shores Sublease

Redwood Shores

Office Space Market Report

Number of Listings (last 90 days)
16
Median Rate ($/sqft/yr)
$75
Median Size (sqft)
5,980
As of: March 29, 2017

Redwood Shores Rates

On average, listings lease in the $60's per square foot per year. The Redwood Shores submarket is experiencing a a boost in rates. In the last 3 months, the median rate increased $3 per sqft per year. That's a 5% rise in rent.

Compared to the rest of the Silicon Valley market, the Redwood Shores submarket has higher rates, and you'll need to pay a premium to be in this hot region.

Redwood Shores Listing Supply

In the last 90 days, 16 listings have come on the market, which means leases might be leasing quickly. You'll want to be prepared to make an offer immediately. About 25% of the office spaces in the Redwood Shores are subleases, so you might be able to snag a great spot on a short term. 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 6,200 sqft, there are still 0 listings below 2,000 sqft. Most properties in this market are close to 4 stories. Most buildings in this region were built in 1993 and are Class A.

Redwood Shores Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Waste services is the dominant industry in this area. Commute by bike is the most popular way to get to work amongst Redwood Shores occupants. Commuting approximately 20 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 Redwood Shores.
Market Report

Market Data

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