Mountain View is a city in Santa Clara County, located between the San Francisco Bay and the Santa Cruz Mountains. The city is nestled in the heart of Silicon Valley and is approximately 10 miles north of San Jose and around 35 miles of San Francisco. It encompasses about 12 square miles, and is currently home to more than 80,000 residents.
Mountain View boasts a thriving small business environment and is home to many nationally and internationally recognized corporations, including Google, Microsoft, Intuit, LinkedIn, Symantec, Synopsys, and more. Since 2013, there are more than 1,300 delivered units in Mountain View, following a decade with only a few units built.
Despite additional supply, vacancy in Mountain View registers below the submarket’s historical ten-year average. The city’s close proximity to many major employers in Silicon Valley has helped increased demand, allowing for strong rent growth. While major high-end assets in the city are held by longer-term owners, many lower-quality assets are trading as value-add deals, with prices continuing to increase.
The R&Z Group will help you achieve all of your commercial real estate goals in Mountain View! You can send us a message here or call us at 650-391-1758 (Tony) and 650-391-1781 (Ray) for more information.