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Search San Jose Commercial Real Estate for lease or San Jose Commercial Real Estate for sale free. Click the 'Generate Search Results' button below to browse our San Jose Commercial Real Estate listings. To view other commercial real estate listings in San Jose by property type, please click on the San Jose property type links at the bottome of this page. We continually update our San Jose Commercial Real Estate database, so please check back often.

San Jose Commercial Real Estate In-depth


San Jose, California is the third largest city in California and the 10th largest city in the United States. Regarded as the capital of the fabled Silicon Valley area, a long standing argument, San Jose is the home of some of the most successful companies in America including Cisco Systems, eBay, Adobe, and countless other technolog...




San Jose Commercial Real Estate In-depth


San Jose, California is the third largest city in California and the 10th largest city in the United States. Regarded as the capital of the fabled Silicon Valley area, a long standing argument, San Jose is the home of some of the most successful companies in America including Cisco Systems, eBay, Adobe, and countless other technology companies that occupy much of San Jose’s commercial real estate. The area’s commercial building base is spread out over several office, industrial, and R&D submarkets from the famous “Golden Triangle” in North San Jose and to the San Jose West Valley housing the likes of Apple Computer in buildings that Apple owns and mostly occupies.

Asking rents for San Jose office, industrial, retail, and R&D space have held up relatively well compared to other major cities in the US. Like its counterpart in Austin, Texas perhaps some of this has to do with the fact that many commercial leases were extended in 2006-2007 during the technology recovery and will not come due for a few more years. And, the area’s major blocks of newly available space include newly constructed Class A office projects not yet adjusted to more realistic “mark-to-market” terms. Nonetheless vacancy rates have spiked upward while rents have gone down only marginally as tenants continue to shed excess space. With unemployment doubling to 10% over the last 18 months, and with net commercial real estate occupancy negative since 2007, it is only a matter of time before asking rents in the San Jose drop far more than where they stand today.

Because it is the epicenter of Silicon Valley, San Jose commercial real estate statistics often pulls data in from other surrounding cities to offer a composite of the strength of the region. If you include areas such as Fremont and Palo Alto, the total amount of commercial office, industrial, and R&D space available midway through 2009 stands at about 55 million square feet whereas total amount of office space available within the city of San Jose is at about 5 million square feet. Things appear to have settled down a bit but the industry predicts that by 2010 total vacancy for the area may approach 60 million square feet. Because of this, tenants occupying commercial real estate in San Jose favor shorter term leases trying to time the market and achieve the best possible lease terms.

The total lack of liquidity in the market has many industry stakeholders wondering what is going to happen to many of the newly constructed buildings in the area that are in cold shell condition, and with no tenant likely to front the cost of the tenant improvements necessary to occupy the building. This issue is perhaps deepest in Sunnyvale, California where several class A office projects have recently been completed. Total available office space in Sunnyvale was roughly 850,000 square feet in 2008 and now it totals approximately 3.5 million square feet (June, 2009). Much of this increase is due to speculative projects and the addition of 1.7 million square feet of new construction. With its corporate campuses just north of Sunnyvale in Mountain View, if Google doesn’t need the newly constructed buildings it will be a small miracle if the Sunnyvale developers don’t just walk away from the projects and non-recourse loans leaving tens of millions of dollars behind.

San Jose commercial real estate is occupied by 25 companies that have 1,000 employees or more and create most of the gadgets and software used by the rest of the world. Nearly one-half of every venture capital fund has a company in its portfolio operating in the San Jose region. If there is any pickup of technology spending or heavy investment made into solar and other green technologies, San Jose commercial real estate will rebound quickly.
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Available San Jose Listings
Available San Jose Listing at 0 Almaden @ Woz Wy - Bldg 1
SQ FT (Min) 320000
SQ FT (Max) 840000
Available San Jose Listing at 0 Almaden @ Woz Wy - Bldg 2
SQ FT (Min) 260000
SQ FT (Max) 840000
Available San Jose Listing at 0 Almaden @ Woz Wy - Bldg 3
SQ FT (Min) 260000
SQ FT (Max) 840000
Available San Jose Listing at 0 Dorel Drive
SQ FT (Min) 1873080
SQ FT (Max) 1873080
Available San Jose Listing at 0 Hellyer Ave A
SQ FT (Min) 2147483647
SQ FT (Max) 2147483647
Available San Jose Listing at 0 Hwy 101 & Oakland Road
SQ FT (Min) 400752
SQ FT (Max) 400752
Available San Jose Listing at 0 Hwy 85 & Almaden Expressway
SQ FT (Min) 1200
SQ FT (Max) 60000
Available San Jose Listing at 0 Santa Teresa Blvd
SQ FT (Min) 2147483647
SQ FT (Max) 2147483647
Available San Jose Listing at 100 Century Center Ct
SQ FT (Min) 5575
SQ FT (Max) 5575
Available San Jose Listing at 100 E San Fernando St
SQ FT (Min) 2800
SQ FT (Max) 2800
Available San Jose Listing at 100 W San Fernando St
SQ FT (Min) 2258
SQ FT (Max) 11478
Available San Jose Listing at 100-110 Rose Orchard Wy
SQ FT (Min) 41286
SQ FT (Max) 222007
Available San Jose Listing at 1000 S. White Road
SQ FT (Min) 529
SQ FT (Max) 529
Available San Jose Listing at 1001 Ridder Park Dr
SQ FT (Min) 124592
SQ FT (Max) 255000
Available San Jose Listing at 1001-1091 Capitol Expressway
SQ FT (Min) 1300
SQ FT (Max) 14000
Available San Jose Listing at 101 Metro Dr
SQ FT (Min) 4148
SQ FT (Max) 4148
Available San Jose Listing at 1015 Lincoln Ave
SQ FT (Min) 1000
SQ FT (Max) 1000
Available San Jose Listing at 1020 White Road  (S) (1020-1080)
SQ FT (Min) 1000
SQ FT (Max) 2000
Available San Jose Listing at 1030 Commercial St
SQ FT (Min) 26492
SQ FT (Max) 26492
Available San Jose Listing at 1030 Lincoln Avenue
SQ FT (Min) 457989824
SQ FT (Max) 457989824
Available San Jose Listing at 1038 Leigh Ave
SQ FT (Min) 13920
SQ FT (Max) 13920
Available San Jose Listing at 105 Jackson Ave
SQ FT (Min) 1200
SQ FT (Max) 1200
Available San Jose Listing at 1050 Fifth St
SQ FT (Min) 7100
SQ FT (Max) 7100
Available San Jose Listing at 1050 S 12th Street
SQ FT (Min) 21520
SQ FT (Max) 21520
Available San Jose Listing at 1054 S De Anza Blvd
SQ FT (Min) 2329
SQ FT (Max) 8417
Available San Jose Listing at 1062-72 De Anza Blvd
SQ FT (Min) 1720
SQ FT (Max) 1720
Available San Jose Listing at 1082 Lincoln Avenue
SQ FT (Min) 1775
SQ FT (Max) 1775

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