San Jose - Silicon Valley industrial real estate market reports
Q1 2024
26.0 msf
North San Jose continues as mecca for industrial activity
Since the beginning of 2023, the North San Jose market has witnessed approximately 26 million square feet of leasing activity, with significant leases secured by key players such as Super Micro Computer, Home Depot, and Verizon.
26.3 msf
Industrial investment activity shows YOY drops
The investment market has faced challenges stemming from high interest rates and economic uncertainty since the onset of the pandemic.
1.47 msf
Class B R&D sublease space spikes
As companies reassess their real estate needs and strategies, the commodity segment of R&D, class B, continues to witness a rise in sublease availability.
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