Compared to the rest of the Silicon Valley market, the Gateway region has higher rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 10 listings have been posted online, which means spaces might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 10% of the available space in the Gateway are subleases, so you will probably have to consider a longer term lease. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
Even though the median size is 7,040 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this area are around 6 floors. Most buildings in this market were built in 1988 and are Class A.
Public administration is the dominant industry in this market. Most of the occupants of Gateway work from home. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.