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: May 20, 2017

Heritage District Rates

Compared to the rest of the Silicon Valley market, the Heritage District region has higher rates, and you'll need to make a great offer to be in this hot submarket.

Heritage District Listing Supply

In the last 90 days, 13 listings have come on the market, which means new listings might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 38% of the office spaces in the Heritage District 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.

Even though the median size is 21,120 sqft, there are still 0 leases below 2,000 sqft. Most properties in this market are close to 5 stories. Most buildings in this region 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 residents. 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