2022 Office Space Rent & Sales
- $95.07 2022 Avg. Asking Rent
- 13.50% 2022 Office Vacancy Rate
Mountain View office price per square foot in 2022 was $95.07 on average. The local office market recorded an average vacancy rate of 13.50% across all asset classes combined.
Average Rent by Office Class
2022 Average Office Rent per Square Foot
- Mountain View Class A & A+ Office Space$95.62
- Mountain View Class B Office Space$91.73
- California Class A & A+ Office Space$59.32
- California Class B Office Space$37.75
- California Class C Office Space$25.55
Mountain View, CA Office Asking Rents by Class
2022 Office Vacancy Rates in Mountain View
Submarket | Asking Rents | Vacancy Rates |
---|---|---|
Mountain View - West | $96.17 | 36.17% |
Mountain View - East | $82.20 | 6.99% |
Coworking Spaces in California
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2022 Office Construction in Mountain View, CA
- Mountain View, CA Total SF under construction in 2023 991,600
Office building | Address | SF | Completed |
---|---|---|---|
600 Clyde Avenue | 600 Clyde Avenue, 94043 | 189,974 | 2021 |
Ameswell | 750 Moffett Blvd, 94043 | 221,788 | 2020 |
The Village at San Antonio Center II | 391 San Antonio Road, 94040 | 239,006 | 2018 |
401 San Antonio Rd Phase II | 401 San Antonio Road, 94040 | 204,707 | 2018 |
599 Castro St | 599 Castro St, 94041 | 94,918 | 2017 |
605 Castro Street | 605 Castro Street, 94041 | 28,000 | 2016 |
412 El Camino Real, W. | 412 El Camino Real, 94040 | 8,426 | 2016 |
412 W El Camino Real | 412 W El Camino Real, 94040 | 8,426 | 2015 |
Mountain View Campus - Building A | 690 East Middlefield Road, 94043 | 170,823 | 2014 |
Castro Station | 150 Evelyn Ave, W., 94041 | 49,052 | 2014 |
Worth noting among recent office completions on the Mountain View market is 600 Clyde Avenue, which is currently the largest new office development in the city, at 189,974 square feet.
See reports for other markets
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This market stats report is based on analysis of city-level data that includes office properties equal to or larger than 25,000 square feet in size. Averages were calculated based on values dated January 1st 2022 through December 31st 2022. Construction pipeline data represented herein is valid as of April 2023. The information on this page was compiled using data provided by CommercialEdge, a market intelligence solution which offers comprehensive real market knowledge on all Mountain View commercial properties sized 25,000 square feet or larger.
While every effort was made to ensure the accuracy of the data presented in this report, the information is provided “as is” and neither CommercialCafe nor CommercialEdge can guarantee that the information provided is complete.