Heritage District Sublease

Heritage District

Office Space Market Report

Number of Listings (last 90 days)
13
Median Rate ($/sqft/yr)
$94
Median Size (sqft)
21,120
As of: July 27, 2017

Heritage District Rates

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

Heritage District Listing Supply

In the last 90 days, 13 listings have been posted online, which means listings most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. About 54% of the office spaces in the Heritage District 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.

Even though the median size is 21,120 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this market are approximately 5 floors. Most buildings in this market were built in 1986 and are Class A.

Heritage District Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Public administration is the dominant industry in this market. Commute by bike is the most popular way to get to work amongst Heritage District folk. Commuting between 30 and 45 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 Heritage District.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Heritage District.
Research