Most listings are in the $40's per square foot per year. The Downtown San Jose region is going through a an increase in rates. In the last 3 months, the median rate increased $3 per sqft per year. That's a 7% rise in rent.
Compared to the rest of the Silicon Valley market, the Downtown San Jose submarket has smaller rates, so you should have no trouble finding a great deal in this depreciated submarket.
In the last 90 days, 46 listings have been listed, so you'll want to check back regularly for new listings. About 13% of the office spaces in the Downtown San Jose 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.
The standard measurement for office space in this area is around 2,290 sqft. Most properties in this market are around 6 floors. Most buildings in this market were built in 1980 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Utilities is the dominant industry in this market. Most of the occupants of Downtown San Jose work from home. Commuting approximately an hour a day is the norm for those who opt to reside in this part of town.