2023 Office Space Rent & Sales
- $44.61 2023 Avg. Asking Rent
- 6.17% 2023 Office Vacancy Rate
Los Gatos office price per square foot in 2023 was $44.61 on average. The local office market recorded an average vacancy rate of 6.17% across all asset classes combined.
See how this market compares to the national average: U.S. office space rent & sales.
Average Rent by Office Class
2023 Average Office Rent per Square Foot
- California Class A & A+ Office Space$56.30
- California Class B Office Space$37.45
- California Class C Office Space$44.91
Los Gatos, CA Office Asking Rents by Class
Office Spaces for Rent in California
Coworking Spaces in California
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2023 Office Construction in Los Gatos, CA
| Office building | Address | SF | Completed |
|---|---|---|---|
| 16268 Los Gatos Boulevard | 16268 Los Gatos Boulevard, 95032 | 6,915 | 2015 |
| 16268 Los Gatos Boulevard | 16268 Los Gatos Boulevard, 95032 | 6,915 | 2015 |
| Northpoint Plaza | 634 Santa Cruz Ave, N., 95030 | 17,841 | 2000 |
| 15729 Los Gatos Blvd | 15729 Los Gatos Blvd, 95032 | 4,000 | 2000 |
| 750 University Ave | 750 University Ave, 95030 | 62,109 | 1997 |
| Mission Oaks Medical Plaza | 15400 National Ave, 95032 | 21,740 | 1994 |
| Alberto Oaks | 475 Alberto Wy, 95030 | 28,767 | 1984 |
| Los Gatos Village Square | 15466 Los Gatos Blvd, 95032 | 59,372 | 1983 |
| University Park | 16795 Lark Ave, 95030 | 22,400 | 1980 |
| University Park | 985 University Ave, 95030 | 34,520 | 1979 |
Worth noting among recent office completions on the Los Gatos market is 16268 Los Gatos Boulevard, which is currently the largest new office development in the city, at 6,915 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 2023 through December 31st 2023. Construction pipeline data represented herein is valid as of April 2024. The information on this page was compiled using data provided by CommercialEdge, a market intelligence solution which offers comprehensive real market knowledge on all Los Gatos 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.