Santa Clara County · Bay Area
Palo Alto Commercial Real Estate
Premium Peninsula market with constrained supply, Stanford adjacency, and some of the highest commercial rents on the San Francisco Peninsula.
Market Snapshot
VacancyData unavailable
Office Asking RentData unavailable
Observed Cap RatesData unavailable
Recent Transactions
Sample data — real transaction records will populate this table.
| Property | Type | Price | $/SF | Cap Rate | Date |
|---|---|---|---|---|---|
| 450 University Avenue | retail | $9.8M | $1,681 | — | May 7, 2026 |
Property Types
officeretailmixed-use
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Market Commentary
Palo Alto represents the upper end of Peninsula commercial real estate. Supply constraints and Stanford proximity keep rents and values elevated relative to surrounding markets.