Palo Alto, CA Industrial Properties for Lease
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Palo Alto, CA Industrial properties Lease Rates & Market Statistics
Browse 27 Industrial properties for lease in Palo Alto, CA on Realmo, a commercial real estate marketplace serving the Palo Alto area. The current inventory totals 471,382 square feet of properties — an average of ~17,450 SF per listing.
Industrial properties lease rates in Palo Alto range from $7 SF/Yr at the entry level to $78 SF/Yr at the top of the market, averaging $32.15 SF/Yr. That's a 11x spread between entry-level and premium space, making side-by-side comparison of asking rents and lease terms essential. The local average of $32.15 SF/Yr is 70% above the California state average of $18.94 SF/Yr.
Palo Alto accounts for 5% of the 493 industrial properties currently available across Santa Clara County, where nearby markets include San Jose and Santa Clara. By space type, the market includes 19 flex space listings and 7 other industrial properties — other industrial properties typically offer the lowest entry point, while flex space commands the highest rates.
