Palo Alto, CA Office Units for Lease
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Palo Alto, CA Office Units Lease Rates & Market Statistics
Browse 104 Office Units for lease in Palo Alto, CA on Realmo, a commercial real estate marketplace serving the Palo Alto area. The current inventory totals 881,985 square feet of properties — an average of ~8,500 SF per listing.
Office Units lease rates in Palo Alto range from $5.50 SF/Yr at the entry level to $12 SF/Yr at the top of the market, averaging $7.83 SF/Yr. Pricing across the market is relatively uniform, which simplifies like-for-like comparison between listings. The local average of $7.83 SF/Yr is 68% below the California state average of $24.21 SF/Yr.
Palo Alto accounts for 17% of the 616 office units currently available across Santa Clara County, where nearby markets include San Jose and Santa Clara. Office Units make up 82% of the 127 Office Spaces currently for lease in Palo Alto, with asking rates averaging $7.83 SF/Yr — 54% below the citywide Office Spaces average of $17.17 SF/Yr. Tenants comparing options may also consider Office buildings (18 listings) and Creative space (6 listings) elsewhere in the Palo Alto market.
