3197 Park Boulevard — Lease in Palo Alto, CA
- Price: Contact for price
- Listing type: For lease
- Asset type: Office
- Location: Palo Alto, CA 94306
- Size: 10,000 SF
Photos
Description
Flexible layout with a combination of open space and conference rooms
Market Context
This office in Palo Alto, CA is listed for lease across 10,000 SF. Compare it against other office listings for lease in Palo Alto, CA — view the full market.
As of Q2 2026, the San Francisco Peninsula office market showed a 23.8% vacancy rate, and average asking rents near $66.00/SF/yr. Source: Kidder Mathews Q2 2026 market report.
Above-average vacancy gives tenants leverage and a wide set of comparables.
Office market FAQ
- Is the San Francisco Peninsula office market tightening or softening?
- Vacancy is around 23.8% (Q2 2026).
Estimated Market Rate
$5.50/SF/mo – $7.44/SF/mo
Mid: $6.47/SF/mo
Estimated total for 10,000 SF: $64,700 per month
Contact
- Carter Lyman · 1650688-8559 · carter.lyman@nmrk.com
- Carter Lyman · 1650688-8559 · carter.lyman@nmrk.com
- Bryte Bellotti · 408-621-7517 · bryte.bellotti@jll.com
Explore this market
Similar Office for Lease in Palo Alto, CA
- 540-548 Cowper St — Contact for price · Palo Alto, CA
- 537 Hamilton Ave — Contact for price · Palo Alto, CA
- 300 Hamilton Ave — Contact for price · Palo Alto, CA
- 230-232 Homer Ave — Contact for price · Palo Alto, CA
- 480 California Ave, S. — Contact for price · Palo Alto, CA
- Palo Alto Office Center — Contact for price · Palo Alto, CA