Highlights
- The average rent for office space in Sunnyvale is $70.25 per square foot, 8.84% higher compared to the previous year.
- The average sale price for office space in Sunnyvale is $549.29 per square foot, marking an increase of 95.94% compared to 2024.
- The market’s vacancy rate stands at 16.44%, lower than the state average of California, which is 18.44%.
- Renting Class A/A+ office space here costs $81.87 per square foot, while Class B averages $48.62 and Class C stands at $30.08.
- 1,966,242 square feet is currently under construction.
2025 Office Space Rent & Sales
- $70.25 2025 Avg. Asking Rent
- 8.84% Y-o-Y Avg. Asking Rent Change
- 16.44% 2025 Office Vacancy Rate
- $1.2B2025 Total Office Sales
- $549.29Avg. Sale Price/SF
What is the average asking rent price for office space in Sunnyvale?
Average asking rents for office space here stand at $70.25 per square foot. The local office market recorded an average vacancy rate of 16.44% in 2025, unchanged from 16.44% in 2024.
Office transactions in the local market in 2025 totaled a sales volume of $1.2B across 18 sales. These transactions commanded an average sale price per square foot of $549.29.
Sunnyvale, CA Office Asking Rents by Class
What is the average office rent per square foot by property class in Sunnyvale?
- Avg. Asking Rent Class A & A+$81.87
- Avg. Asking Rent Class B$48.62
- Avg. Asking Rent Class C$30.08
The average asking rent for Class A and A+ office space stood at $81.87 per square foot, indicating the best — and most expensive — that the market has to offer.
Class B space in Sunnyvale averaged $48.62 per square foot, while the average for Class C space was $30.08 per square foot.
What is the average office rent per square foot by property class in CA?
- Avg. Asking Rent Class A & A+$58.81
- Avg. Asking Rent Class B$37.82
- Avg. Asking Rent Class C$22.26
For comparison, the average rent for Class A and A+ office space in California was $58.81 per square foot. The state-wide average for Class B space was $37.82 per square foot, and Class C office spaces averaged $22.26 per square foot.
Sunnyvale, CA Office Indicators by Submarket
| Submarket | Asking Rents | Vacancy Rates |
|---|---|---|
| Sunnyvale - West | $75.45 | 27.52% |
| Los Altos | $68.81 | 15.12% |
| Sunnyvale - East | $49.38 | 15.44% |
| Sunnyvale - North | $46.29 | 8.75% |
| Santa Clara - South | $43.30 | 13.89% |
2025 Office Sales Volume
- $549.292025 Avg. Price per SF
- $1.2B2025 Office Sales Volume
- 182025 Number of Transactions
What is the average sale price per square foot for office space in Sunnyvale?
Average sale prices for office space in this market recorded a +95.94% change in 2025 compared to the previous year.
Office transactions recorded in the market in 2025 averaged $549.29 per square foot. For comparison, the statewide California average during the same time period stood at $295.06 per square foot, while the national average was $182.48 per square foot.
Sunnyvale, CA Sale Price per SF Trend
- Sunnyvale Avg. Sale Price per SF in 2025$549.29
- California Avg. Sale Price per SF in 2025$295.06
What was the total office sales volume in Sunnyvale in 2025?
The local office market recorded 18 deals in 2025, adding up to a yearly sales volume of $1.2B.
- Sunnyvale, CA Total Office Sales Volume in 2025 $1.2B
- Sunnyvale, CA Total Number of Office Sales Closed in 2025 18
What were the largest office building sales in Sunnyvale in 2025?
The market’s largest transaction last year was the sale of Grove 221 for $87,750,000 on 6/5/2025. The next-highest sale was the transaction involving Synopsys Sunnyvale - Building 8, which traded for $75,165,000. The third-largest transaction was the sale of Central Station for $42,300,000.
| Property name | Address | Date | Price |
|---|---|---|---|
| Grove 221 | 221 North Mathilda Avenue | 6/5/2025 | $87,750,000 |
| Synopsys Sunnyvale - Building 8 | 1030 West Maude Avenue | 4/9/2025 | $75,165,000 |
| Central Station | 285 Sobrante Way | 6/4/2025 | $42,300,000 |
| 995 & 999 East Arques Avenue | 995 East Arques Avenue | 7/15/2025 | $25,100,000 |
| Mathilda-Vaqueros | 755 North Mathilda Avenue | 2/10/2025 | $15,500,000 |
2025 Office Construction in Sunnyvale, CA
- Sunnyvale, CA Total SF completed in 2025 847,000
- Sunnyvale, CA Total SF under construction in 2026 1,966,242
How much office space was built in Sunnyvale in 2025?
Looking forward, development activity in 2026 is estimated to add 1,966,242 square feet of office space to the market in total.
What are the largest recent office completions in Sunnyvale?
The largest recent office completion here is Moffett Gateway Business Park at 600,000 square feet, completed in 2016. The next largest completions are Cityline Innovate - 200 Washington Street and Cityline Innovate - 250 Washington Street.
| Office building | Address | SF | Completed |
|---|---|---|---|
| Cityline Innovate - 200 Washington Street | 200 West Washington Avenue, 94086 | 325,307 | 2024 |
| Cityline Innovate - 250 Washington Street | 250 West Washington Avenue, 94086 | 315,285 | 2024 |
| Pathline Park - Building 10 | 625 North Mary Avenue, 94085 | 121,200 | 2020 |
| Moffett Gateway Business Park | 1225 Crossman Avenue, 94089 | 600,000 | 2016 |
| 250 South Mathilda Avenue | 250 South Mathilda Avenue, 94086 | 156,960 | 2011 |
| Bordeaux Center - 1376 Bordeaux Drive | 1376 Bordeaux Drive, 94089 | 61,921 | 2008 |
| Bordeaux Center - 1380 Bordeaux Drive | 1380 Bordeaux Drive, 94089 | 61,921 | 2008 |
| CityLine Sunnyvale - 100 Mathilda Place | 100 Mathilda Place, 94086 | 212,795 | 2003 |
| CityLine Sunnyvale - 150 Mathilda Place | 150 Mathilda Place, 94086 | 134,544 | 2003 |
| Cityline Downtown Sunnyvale | 100 Mathilda Place, 94086 | 217,078 | 2001 |
See reports for other markets
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- San Francisco Office Rent Price
- San Diego Office Rent Price
- Sacramento Office Rent Price
- San Jose Office Rent Price
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- Oakland Office Rent Price
- Palo Alto Office Rent Price
- Santa Monica Office Rent Price
- Pasadena Office Rent Price
- Redwood City Office Rent Price
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- Beverly Hills Office Rent Price
Disclaimer
All information on this page is based on city-level data that includes properties equal to or larger than 25,000 square feet.
Averages were calculated based on values dated between January 1st and December 31st 2025. Construction pipeline data represented herein is valid as of January 2026.
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 Yardi Research Data can guarantee that the information provided is complete.