Silicon Valley Commercial Office Space for Rent

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Renting Commercial Office Space in Silicon Valley

Silicon Valley remains one of the most dynamic and innovation-driven commercial real estate markets in the country. According to TenantBase data, tenant demand is led by storefront searches (51%), followed by office (27%) and industrial space (23%). This mix underscores the market's dual identity: a base for both traditional consumer-facing businesses and a stronghold for technology firms and logistics services.

Lease term data from TenantBase shows that 42% of tenants prefer lease terms of three years or less, suggesting an emphasis on flexibility and agile operations. However, a notable 22% of tenants also commit to long-term leases (5+ years), indicating that established firms continue to make significant investments in their real estate footprint. Location-wise, San Jose leads all submarkets in tenant interest, followed by Santa Clara, Campbell, and Mountain View—reinforcing the region’s reputation as the epicenter of tech and innovation activity.

Silicon Valley commercial real estate continues to offer a dynamic landscape, shaped by its innovation ecosystem and shifting workplace strategies. With the broader economic environment showing continued recovery, infrastructure improvements such as public transit expansion (e.g., BART to Silicon Valley) and broadband upgrades are further enhancing the region’s commercial appeal. The convergence of high-skill labor, venture capital, and global brand presence makes Silicon Valley an enduring magnet for business growth.

Popular Properties in the Silicon Valley Market

About TenantBase

TenantBase is a technology platform built specifically for tenants. We make the process to find and lease space easier by combining our unique technology with experienced local commercial real estate brokers.

Silicon Valley Neighborhoods