Explore Palo Alto Office Space for Lease
Palo Alto, CA sits 35 miles south of San Francisco and 14 miles north of San Jose. The 25.8 square miles of developed land and open space reserves provides an interesting mix of urbanization and tranquil recreation. Most known for Silicon Valley’s creation with Packard’s garage, the city has remained an economic focal point and top destination for businesses to secure Palo Alto office space. With a population of roughly 64,500, residents of Palo Alto are among the highest educated in the country and highest median income of $137,000. Palo Alto, CA is known for its highly rated public schools and universities, high quality of life, and of course, it’s reputation as a high-tech cluster. Palo Alto office space for lease is highly sought for groundbreaking startups, established R&D companies, and everything in between.
Established in 1885 with the founding of Stanford University, Palo Alto quickly gained the reputation of producing intelligent, forward-thinking innovations and forward-thinking individuals. Having served as an incubator for some of the most well-known leaders like Apple, Google, Facebook, and PayPal, to name a few, the community continues its streak in providing businesses with premier Palo Alto office space for lease. Other notable high-tech businesses that occupy Palo Alto office space for lease are Hewlett-Packard, Tesla, VMware, and Ford Research & Innovation Center. Home to many of the world’s most cutting-edge and influential companies, it’s no wonder that Palo Alto office space for lease is among the most sought after in California.
As a leader in tech, here’s no argument in that Palo Alto is uniquely positioned for success. Efficient utility services like high-speed internet for most Palo Alto office space for lease is just one reason that makes it a great place to operate a business. With a low vacancy rate of 0.86%, the demand speaks for itself! It is truly a community of collaboration, discover, and breaking new ground. Palo Alto office space for lease comes in various forms throughout various parts of the city. Stanford Research Park is known for the impressive tenant roster of some of the most successful companies in tech sectors. The Downtown area provides Palo Alto office space for lease at 530 Lytton Ave, which is home to numerous financial and venture capital firms. 228 Hamilton Ave further provides excellent Palo Alto office space for lease.
More than just amazing Palo Alto office space for lease, this community is lively city with excellent demographics and cultural diversity. The Stanford Shopping Center is an upscale open-air shopping complex in Downtown Palo Alto that provides residents and visitors with an endless list of shops, restaurants, and entertainment. University Park is a college neighborhood with a vibrant nightlife and celebrates cultural events. Major highways that run through Palo Alto are the 101 and 280 Freeways and public transportation servicing the city are Caltrain, Santa Clara Valley Transportation Authority, SamTrans, and free shuttles from Stanford University and Palo Alto city. As a cycling city and highly walkable community, sidewalks and bike lanes are on nearly every street, with almost 10% of residents cycling of walking to work.
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