Market Guide
Palo Alto, CA Commercial Real Estate Guide
Commercial real estate guide for Palo Alto, CA.
Palo Alto, CA
Current
Quick Facts
Palo Alto market quick facts
City
Palo Alto
CA
County
Santa Clara County
Regional market context
Population
67,237
City population context
Buildings
19
Example buildings in Rofo data
Common Space Types
4
Office Space, Retail Space, Industrial Space, Coworking Space
Nearby Markets
8
Mountain View, Los Altos, Sunnyvale
Market Overview
Commercial real estate in Palo Alto
Palo Alto, CA is a local commercial real estate market in Santa Clara County where businesses can compare space needs by location, property type, and fit. Common space types include office space, retail space, industrial space, coworking space. Rofo currently includes 19 example buildings for this market. Nearby markets such as Mountain View, Los Altos, Sunnyvale can also be useful to compare.
Office Market Snapshot
Palo Alto Office Market Snapshot
Top-tier market with high pricing.
Average Rent
$80-$120/SF/YR
→
Premium office rents
Availability
Moderate
↑
Slightly rising availability
Market Trend
Balanced
→
Tech-driven demand
Notable Areas
Downtown
Stanford Research Park
Common tenant search areas
Rents remain elevated.
Availability increasing slightly.
Tenants still face premium pricing.
Space Types
Commercial space types in Palo Alto
Office Space in Palo Alto
Office space can work for professional services, client-facing teams, administrative users, and companies that need private workspace.
View office space in Palo Alto Read the office space guideRetail Space in Palo Alto
Retail space can work for storefronts, restaurants, service businesses, wellness operators, and customer-facing brands.
View retail space in Palo Alto Read the retail space guideIndustrial Space in Palo Alto
Industrial space can work for warehouse users, logistics operations, light manufacturing, service trades, and distribution needs.
View industrial space in Palo AltoCoworking Space in Palo Alto
Coworking space can work for flexible teams, remote workers, startups, and businesses that want shorter-term workspace options.
View coworking space in Palo AltoNearby Markets
Nearby commercial real estate guides
Compare nearby market guides if you are flexible on location, commute, space type, or building fit.
Mountain View, CA
Read the Mountain View guideLos Altos, CA
Read the Los Altos guideSunnyvale, CA
Read the Sunnyvale guideCupertino, CA
Read the Cupertino guideSanta Clara, CA
Read the Santa Clara guideSaratoga, CA
Read the Saratoga guideCampbell, CA
Read the Campbell guideSan Jose, CA
Read the San Jose guideNearby City Pages
Compare nearby commercial real estate markets
Nearby markets can be useful if you are flexible on location, commute, space type, or building fit.
Mountain View, CA
Explore Mountain View commercial real estateLos Altos, CA
Explore Los Altos commercial real estateSunnyvale, CA
Explore Sunnyvale commercial real estateCupertino, CA
Explore Cupertino commercial real estateSanta Clara, CA
Explore Santa Clara commercial real estateSaratoga, CA
Explore Saratoga commercial real estateExample Buildings
Example buildings in Palo Alto
Space Planning
What size commercial space do you need?
Most businesses start by estimating team size, operational needs, customer access, storage needs, and future growth. If you are unsure, compare a few size ranges before narrowing the search.
- Under 1,000 sqft can work for smaller teams, service businesses, or focused local operations.
- 1,000-5,000 sqft often fits growing businesses that need a practical mix of work, customer, or support areas.
- 5,000+ sqft is usually evaluated around layout, operational flow, and future expansion needs.
Next Steps
We can help you find space in this market
Share the type of space, size range, and timing you are considering, and Rofo can help you evaluate Palo Alto or nearby commercial real estate markets.
GET HELP
Tell us what you need
Help us understand your space, timing, and priorities—we’ll point you in the right direction.
Type of space
Office, retail, industrial, flex, or coworking
Size or team
A rough range or headcount is enough
Location
Your target area or nearby options
Timeline
Now, soon, or just exploring
GET HELP
Find the right space for your business
Tell us what you need — we’ll follow up with a few spaces that fit.
FAQ
Palo Alto commercial real estate FAQ
How do I find commercial space in Palo Alto?
Start by defining the type of space, approximate size, preferred location, and timing. Rofo can help compare available options in Palo Alto and nearby markets.
What types of commercial space are available in Palo Alto?
Palo Alto has guide or inventory coverage for office space, retail space, industrial space, coworking space. Availability varies by property and timing.
Can Rofo help me compare nearby markets?
Yes. Rofo can help compare Palo Alto with nearby markets such as Mountain View, Los Altos, Sunnyvale.
How does Rofo connect me with local options?
Share what kind of space you need, your target market, and approximate size. Rofo reviews the request and helps identify relevant next steps.