Morgan Hill Commercial Real Estate And Office Space For Rent

Description:

The City of Morgan Hill offers available land and buildings at affordable costs, a high quality of life, semi-rural setting, a reverse commute, proximity to skilled and semi-skilled workforce, easy access to Silicon Valley's business infrastructure, and proximity to more affordable housing.

Companies who look in this city also look in nearby cities such as Aptos, Santa Cruz, and Gilroy.

Retail space in Morgan Hill: Regional shoppers travel from Watsonville, Salinas, San Jose,  and the rest of the Bay Area to access this Morgan Hill retail space. Morgan Hill also attracts chains, including Home Depot, Mervyns, Big 5 Sporting Goods, TJ Maxx and an about-to-be-expanded Target. Another recent development is on Cochrane road that will house the area's first general department store, Gottschalk’s. Gottschalk’s sells men's, women's and children's clothing, shoes, cosmetics, accessories, kitchen and bath goods, and home furnishings. The chain's others Bay Area locations are in Antioch, Scotts Valley and Watsonville. A new Target will also anchor the complex. Other tenants of the new mall include Cost Plus, Staples, Circuit City and Sleeptrain, Another tenant that is exciting  Morgan Hill is a Trader Joe's grocery that's expected to open in Morgan Hill in December, near the Walgreens on East Dunne Avenue. Retail space in Morgan Hill 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.

Office space in Morgan Hill: Morgan Hill is working on attracting higher end office space. Morgan Hill is home to two of the ten largest business parks in Silicon Valley. Morgan Hill Ranch is the largest business park in Silicon Valley, consisting of 400 acres. Currently the downtown area offers office listings for lease and office listings for sale. Morgan Hill offers low rise office space, lofts, mixed use space and converted warehouse office space.

Warehouse space in Morgan Hill: 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. Industrial Lease Space in Morgan Hill is priced at $1.00 - $1.85 per square foot currently for both industrial and storage space. Many small warehouses exist in Morgan Hill and can be found conveniently on the industrial parks that offer good clear height and freeway access. Morgan Hill’s central location offers warehouse space near Interstate 101. Morgan Hill has storage spaces, warehouse spaces, distribution spaces, and manufacturing spaces.

Quick Market Stats:

The industrial space market is roughly 4,000,000 square feet and has an overall vacancy rate of just 20%.  Average lease rates range for warehouse space is $0.50 while R&D/Flex space is $0.85.