Palo Alto, CA Office Units for Lease
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Palo Alto, CA Office Units Lease Rates & Market Statistics
Browse 94 Office Units for lease in Palo Alto, CA on Realmo, a commercial real estate marketplace serving the Palo Alto area. The current inventory totals 816,394 square feet of properties — an average of ~8,700 SF per listing.
Office Units lease rates in Palo Alto range from $5.50 SF/Yr at the entry level to $11.63 SF/Yr at the top of the market, averaging $7.61 SF/Yr. Pricing across the market is relatively uniform, which simplifies like-for-like comparison between listings. The local average of $7.61 SF/Yr is 69% below the California state average of $24.20 SF/Yr.
Palo Alto accounts for 17% of the 540 office units currently available across Santa Clara County, where nearby markets include San Jose and Santa Clara. Office Units make up 79% of the 119 Office Spaces currently for lease in Palo Alto, with asking rates averaging $7.61 SF/Yr — 53% below the citywide Office Spaces average of $16.25 SF/Yr. Tenants comparing options may also consider Office buildings (18 listings) and Coworking space (7 listings) elsewhere in the Palo Alto market.
