Los Gatos Commercial Real Estate And Office Space For Rent

Description:

The City of Los Gatos  Set at the base of the Santa Cruz Mountains, Los Gatos was originally a destination for wealthy San Franciscans who built their weekend homes in this area of the “Valley of the Heart’s Delight.”  These summertime residents would arrive via railway and embark at what is now First and Main Streets.  Downtown Los Gatos is unique with a number of quaint and historic buildings.  It offers a friendly, small town atmosphere and several family friendly outdoor events. These features make Los Altos a great place to locate commercial space for your business.

Companies who look in this city also look in nearby cities such as Saratoga, Campbell, and Cupertino.


Retail space in Los Gatos: Retail space in Los Gatos is offered for sale and for lease and there are many local real estate brokers who have property listings for a company to view. You can quickly get a quote for a sublease or direct space by using Rofo. Retail leasing rates in the downtown of Los Altos are listed at close to $3.00 per square foot. This is an increase of about 9.0% from the previous year. Leasing rates along El Camino have also increased and are currently listed at $2.55 per square foot, which is up from $1.81 per square foot the previous quarter.

Office space in Los Gatos: Los Gatos is attracting small office users to their downtown office space. Currently the downtown area offer office listings for lease and office listings for sale. Los Gatos offers low rise office space, lofts, mixed use space and converted warehouse office space. Office rates in the downtown are showing a slight decrease from $2.65 the previ­ous year to $2.35 this quarter. Office rates along El Camino and Loyola Corners are show­ing an increase of approximately 6% and 22% from the previous year.

Warehouse space in Los Gatos: The City's industrial developments allow businesses from a start-up to a multi-national company find their space needs on a for sale or for lease basis. There are a few options around town for industrial users but Los Gatos is not known for its industrial properties. Many small warehouses exist in Los Gatos and can be found on Rofo.com. Los Gatos’s central location offers warehouse space near Interstate 101. Morgan Hill has storage spaces, warehouse spaces, distribution spaces, and manufacturing spaces.

Quick Market Stats:

There's roughly  1,300,000 square feet of office space with a rough overall vacancy rate of 8%.  The average asking rates for office space is $3.25(fs).

The warehouse space market is roughly 750,000 square feet and has an overall vacancy rate of just 8%.  The average lease rate is $2.00 per square foot per month.