Palo Alto, CA Commercial Real Estate for Lease - 195 Listings

3950 Fabian Way

3950 Fabian Way, Adobe Meadow - Meadow Park, Palo Alto, CA
Property

Office

36,116 SF
Availability

1 Space

36,116 SF
Year Built

1991
For Lease Contact for pricing
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300 Hamilton Avenue

300 Hamilton Avenue, University South, Palo Alto, CA
Property

Office

37,000 SF
Availability

1 Space

6,096 SF
Year Built

1964
For Lease

$10.25/SF/MO
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644 Emerson St

644 Emerson St, University South, Palo Alto, CA
Property

Office

8,600 SF
Availability

1 Space

2,238 SF
Year Built

1967
For Lease

$6.50/SF/MO
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3101 Park Boulevard
WeWork
3101 Park Boulevard 1st-3rd Floor, Palo Alto, CA
Services

Open Workspace

Meeting Room

Private Office

Dedicated Desk
Amenities

A/V equipment

Bike storage

Cleaning services

Complimentary coffee & tea

Ethernet

High-speed wifi

IT support

Mother’s room

Office supplies

Parking
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1761 Bayshore Rd., E.

1761 Bayshore Rd., E., East Palo Alto, CA
Property

Retail

30,978 SF
Availability

1 Space

30,978 SF
For Lease Contact for pricing
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Stanford Research Park - 855-901 South California Avenue

855 South California Avenue, College Terrace, Palo Alto, CA
Property

Office

118,800 SF
Availability

1 Space

11,859 SF
Year Built

1955
For Lease Contact for pricing
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3223 Hanover - Building I

3223 Hanover Street, Barron Park, Palo Alto, CA
Property

Office

119,700 SF
Availability

1 Space

26,050 SF
Year Built

2020
For Lease Contact for pricing
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Stanford Research Park - Page Mill Center

1500 Page Mill Road, College Terrace, Palo Alto, CA
Property

Office

176,254 SF
Availability

5 Spaces

127,293 SF
Year Built

1972
For Lease

$6.50/SF/MO
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University Circle - 2000 University Circle

2000 University Avenue, East Palo Alto, CA
Property

Office

143,429 SF
Availability

1 Space

147,389 SF
Year Built

2002
For Lease

$7.65/SF/MO
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OFFICE SPACE FOR LEASE

530 Lytton Ave, Downtown North Palo Alto, Palo Alto, CA
Property

Office
Availability

5 Spaces

37,915 SF
Year Built

1975
For Lease

$9.25/SF/MO
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435 Tasso Street

435 Tasso Street, Downtown North Palo Alto, Palo Alto, CA
Property

Office

31,292 SF
Availability

1 Space

3,032 SF
Year Built

1984
For Lease

$5.00/SF/MO
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Embarcadero Place - 2300 & 2400 Geng Road

2300 Geng Road, Palo Alto Golf Course, Palo Alto, CA
Property

Office

96,000 SF
Availability

3 Spaces

22,816 SF
Year Built

1984
For Lease

$4.85/SF/MO
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Stanford Research Park - 950 Page Mill Road

950 Page Mill Road, College Terrace, Palo Alto, CA
Property

Office

76,093 SF
Availability

1 Space

77,329 SF
Year Built

1970
For Lease

$7.95/SF/YR
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Edgewood Plaza

2170 West Bayshore Road, Duveneck - St Francis, Palo Alto, CA
Property

Retail

38,315 SF
Availability

2 Spaces

21,646 SF
Year Built

1956
For Lease Contact for pricing
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400 Hamilton Avenue

400 Hamilton Avenue, University South, Palo Alto, CA
Property

Office

85,000 SF
Availability

3 Spaces

19,619 SF
Year Built

1983
For Lease Contact for pricing
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4 Palo Alto Square
Regus
3000 El Camino Real Suite 200, Palo Alto, CA
Services

Virtual Office

Open Workspace

Private Office

Dedicated Desk
Amenities

24/7 security

Access to global network

Business address

Business lounge

Cleaning services

Ergonomic furniture

Lounge area

Mail services

Money-back guarantee

Office furniture
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Town & Country Village

855 El Camino Real, University South, Palo Alto, CA
Property

Office

32,778 SF
Availability

10 Spaces

12,899 SF
Year Built

1953
For Lease Contact for pricing
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Stanford Research Park

975 California Ave, College Terrace, Palo Alto, CA
Property

Industrial

54,229 SF
Availability

1 Space

27,115 SF
Year Built

1967
For Lease Contact for pricing
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2100 El Camino Real

2100 El Camino Real, College Terrace, Palo Alto, CA
Property

Office

70,816 SF
Availability Contact for availability
Year Built

2017
For Lease Contact for pricing
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245 Lytton Avenue

245 Lytton Avenue, Downtown North Palo Alto, Palo Alto, CA
Property

Office

57,151 SF
Availability

2 Spaces

11,569 SF
Year Built

1996
For Lease

$10.50/SF/MO
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Embarcadero Place
Regus
2100 Geng Rd #210, Palo Alto, CA
Services

Virtual Office

Open Workspace

Private Office

Dedicated Desk
Amenities

24/7 security

Access to global network

Business address

Business lounge

Cleaning services

Ergonomic furniture

Lounge area

Mail services

Money-back guarantee

Office furniture
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Town & Country Village

855 El Camino Real , University South, Palo Alto, CA
Property

Retail

176,000 SF
Availability

6 Spaces

7,669 SF
Year Built

1960
For Lease

$48.00 - $84.00/SF/YR
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Ravenswood Shopping Center - 1761 East Bayshore Road

1761 East Bayshore Road, East Palo Alto, CA
Property

Retail

30,978 SF
Availability

1 Space

30,978 SF
Year Built

2000
For Lease Contact for pricing
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3000 El Camino Real

3000 El Camino Real, Barron Park, Palo Alto, CA
Property

Office

333,254 SF
Availability

5 Spaces

2,650 SF
Year Built

1972
For Lease Contact for pricing
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Courthouse Plaza

260 Sheridan Ave, Mayfield, Palo Alto, CA
Property

Office

47,768 SF
Availability

1 Space

2,633 SF
Year Built

1967
For Lease

$59.40/SF/YR
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Stanford Research Park - 3420-3440 Hillview Avenue

3420 Hillview Avenue, Coyote Hill, Palo Alto, CA
Property

Office

188,850 SF
Availability

1 Space

14,710 SF
Year Built

1978
For Lease

$8.25/SF/MO
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Frequently Asked Questions

Commercial real estate is a broad category that includes a high variety of space types designed to meet the needs of various industries of the local economy and their specialized subsectors, as presented in our real estate 101 guide to types of commercial real estate. However, there are three main categories that you are most likely to come across: office, retail, and industrial space.

Modern office space is typically organized over large floor plates bound by high ceilings and large windows for an abundance of natural light and is located in transit-oriented developments with good access to multiple modes of transportation, so as to facilitate employee commute. The Palo Alto commercial real estate market incorporates 6,700,815 square feet of office space across 153 buildings.

Office buildings can also accommodate coworking spaces, which are shared office options that typically cater to the needs of small, startup businesses that require flexible workspaces, a concentration of amenities, and services that can be accessed on an occasional or short-term basis.
Retail space includes shopping malls, department stores, street retail, or specialty stores dedicated to a narrow range of products. Such properties are typically located in high foot-traffic and/or car traffic areas, to facilitate customer access. The Palo Alto commercial real estate market includes 229,268 square feet of retail space in a variety of settings.
Industrial property most often serves businesses operating in manufacturing or logistics and generally consists of large open spaces located within good access to roads, railways, freight airports or regional water ports. Industrial space listings can include warehouses, manufacturing plants, distribution centers, flexible industrial space, or even data center facilities. Across the Palo Alto market, there is a total of 389,143 square feet of industrial property.

The listing inventory in Palo Alto incorporates commercial real estate for lease and for sale of almost all property types and subtypes. However, you’ll find some categories offer more rental or investment opportunities than others.

The largest share of commercial real estate space for lease in Palo Alto is represented by Office space, which accounts for 3,315,295 square feet of available listings. Industrial space available in Palo Alto adds up to 246,499 square feet.

Meanwhile, most of the listings of commercial property for sale in Palo Alto are in the Office category.

The price of renting or buying commercial real estate is influenced by a variety of factors, including: the property type (for example, office space is priced higher than other property types in most locations); the condition and asset class rating (property rated class A or above will typically command a higher price than lower grade classifications); the quality or the development potential of the property location; whether or not there is high demand for the type of commercial asset in question; and what the state of supply is relative to demand.

The average rent for commercial real estate space listed for lease in Palo Alto is $72.8 per square foot. However, this value does not offer enough perspective on its own, as you will find significant variation in prices across property types, property classes, and location, as well as other impacting factors. For instance, rent per square foot of office space in Palo Alto can vary greatly depending on the rating of the property from Class A to Class C, as well as across the city depending on the location of the asset. What’s more, each commercial property type makes its own rent market: while the average rent for office space rested at $87.75 per square foot, industrial space in Palo Alto saw average rents of $51 per square foot.

Whether you are looking for commercial real estate for lease or commercial property for sale, the best choice of location depends on the factors that are most relevant to your business strategy. A good thing to look for at the start, however, is the areas of the city that have the highest concentration of your preferred type of property, as these areas are generally well connected to the amenities and points of interest that are most relevant to each property type.

As such, there are several areas that you could consider to be the best location for commercial real estate in Palo Alto, depending on the property type you are interested in. The highest concentration of commercial space listings of any kind in Palo Alto is in the University South neighborhood. But if we look at each commercial property type, we find that for office space, the best location is the University South area.

Meanwhile, retail space opportunities are most abundant in the Mayfield submarket. Alternatively, if you are looking for warehouse or other industrial space, consider looking at listings in Ventura.

Select your preferred property type from the search filters menu at the top of the search page and then navigate the interactive map for a better view of commercial real estate availability in the locations most suited to your needs.

Regardless of whether buying or leasing commercial space is a new experience for you, there are significant benefits to working with a commercial real estate broker. In addition to saving you time and money, an experienced broker will contribute specialist knowledge of the local market, the property type you need representation for, and will handle negotiations on your behalf in your best interest.

To start, it is important for you to have a good understanding of what kind of broker you need. For instance, there are differences between a tenant broker and a listing broker. Also important at the start is to have a clear idea of what kind of space (or tenant) you are looking for and what (if any) particular needs and requirements you might have. And, while it is good to get a referral, you should interview several brokers to better gauge who you feel would best represent your interests.

CommercialCafe hosts listings from some of the most trusted commercial real estate brokerages in the country. Use the contact form available on each listing page or the contact details for the property representatives to reach out and start your search!

The profitability of a commercial real estate investment depends on a multitude of factors working together. These factors include the quality of the asset itself — which itself includes aspects such as location, property class, amenities, and the quality of the property management — to the local market conditions, the state of the local economy, the demand for that particular type of commercial property, and of course the costs of owning and maintaining it relative to what leasing rate or sale price you get from the property. Asking rents in the city went as high as $99 per square foot. In particular, the property type commanding the highest lease rates in Palo Alto was Office space.

Conversely, the highest sale price last year was $58,000,000 that is located at 2555 Park Blvd.

The average size of a commercial property in Palo Alto depends greatly on the property type and the location — geographical possibilities and zoning allowances have significant influence on how big developers can build. While there are outliers that break height or volume records in the city, we can look at some average sizes by property use:

In Palo Alto, the average size of an office property is 46,213 square feet.
Retail properties here incorporate an average of 10,918 square feet.
Industrial space in Palo Alto is in buildings that are, on average 25,943 square feet in size.

Palo Alto, CA Currently Available Listings

Commercial Space for Lease Breakdown

Commercial real estate listings for rent in Palo Alto currently add up to 3,717,125 square feet. The market offers 148 active office listing(s), which amount to 3,309,145 square feet and account for 76% of commercial spaces on the market. Local retail availability includes 161,481 square feet across 29 retail space(s). Industrial space for rent opportunities in Palo Alto amount to 246,499 square feet across a total of 16 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Office	148	3,309,145
Retail	29	161,481
Industrial	16	246,499

Commercial Space for Sale Breakdown

What’s more, if you are interested in making an investment in the local market, you can also find commercial real estate for sale in Palo Alto, CA. Currently, there is 133,527 square feet of commercial property for sale here , which includes 6 office building(s) for sale , 2 retail investment opportunity listing(s) , and 2 listing(s) of industrial real estate property for sale .

Property Type	Count of Listings	Total SF
Office	6	103,262
Retail	2	19,650
Industrial	2	10,615

Palo Alto, CA Commercial Real Estate Market Overview

If Silicon Valley had a capitol, it would Palo Alto. The entire city feels like you’re on the brink of the future, yet still laid back and comfortable. On the west side of the South Bay Area, the city has been the jumping-off point for numerous multi-million- and billion-dollar tech companies, as well as young professionals from nearby Stanford University, located directly adjacent to downtown. The vibrant community boasts world-class amenities and restaurants, and you may even run into some tech of the future here.

Palo Alto, CA Commercial Real Estate for Lease - 195 Listings

3950 Fabian Way

300 Hamilton Avenue

644 Emerson St

3101 Park Boulevard

1761 Bayshore Rd., E.

Stanford Research Park - 855-901 South California Avenue

3223 Hanover - Building I

Stanford Research Park - Page Mill Center

University Circle - 2000 University Circle

OFFICE SPACE FOR LEASE

435 Tasso Street

Embarcadero Place - 2300 & 2400 Geng Road

Stanford Research Park - 950 Page Mill Road

Edgewood Plaza

400 Hamilton Avenue

4 Palo Alto Square

Town & Country Village

Stanford Research Park

2100 El Camino Real

245 Lytton Avenue

Embarcadero Place

Town & Country Village

Ravenswood Shopping Center - 1761 East Bayshore Road

3000 El Camino Real

Courthouse Plaza

Stanford Research Park - 3420-3440 Hillview Avenue

Frequently Asked Questions

Palo Alto, CA Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

Palo Alto, CA Commercial Real Estate Market Overview

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Palo Alto, CA Commercial Real Estate for Lease - 195 Listings

Frequently Asked Questions

What are the different types of commercial real estate?

What types of commercial real estate are available in Palo Alto, CA?

What factors affect the price of commercial real estate in Palo Alto, CA?

What is the average rent for commercial space in Palo Alto, CA?

What are the best areas for commercial real estate in Palo Alto, CA?

How do I find a good commercial real estate broker?

What is the most profitable commercial real estate?

What is the average size of a commercial property in Palo Alto, CA?

Palo Alto, CA Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

Palo Alto, CA Commercial Real Estate Market Overview

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About us