Downtown San Jose Retail

Downtown San Jose

Office Space Market Report

Number of Listings (last 90 days)
48
Median Rate ($/sqft/yr)
$56
Median Size (sqft)
4,210
As of: March 11, 2017

Downtown San Jose Rates

The typical asking rate per listing is in the $50's per square foot per year. The Downtown San Jose region is experiencing a an increase in rates. In the last 3 months, the median rate rose $10 per sqft per year. That's a 20% increase in rent.

Compared to the rest of the Silicon Valley market, the Downtown San Jose region has higher rates, and you'll have to negotiate above asking rent to be in this hot region.

Downtown San Jose Listing Supply

In the last 90 days, 48 listings have been made available, so you'll want to check back regularly for new listings. About 6% of the available leases in the Downtown San Jose are subleases, so you will probably need to consider the implications of signing a direct lease with the building. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

Even though the median size is 4,210 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this region are close to 6 stories. Most buildings in this region were built in 1980 and are Class B.

Downtown San Jose Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Utilities is the dominant industry in this region. Most of the residents of Downtown San Jose work from home. Commuting close to an hour a day is the norm for those who opt to reside in this part of town.

Market Report

Trends and status of the commercial real estate market in Downtown San Jose.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Downtown San Jose.
Research