East San Jose-Willow Glen

San Jose - CA USA - Industrial Submarket

Industrial real estate intelligence for the East San Jose-Willow Glen submarket. 15.0M SF of inventory with 7.8% vacancy. Data sourced from various MLS platforms.

15.0MSF

Inventory

1.3MSF

Available

7.8%

Vacancy

8.7%

Availability Rate

$19.42

Asking Rent

1.6%

Rent Growth

-421,492SF

12mo Absorption

90KSF

Under Construction

Market Metrics

12mo Delivered

0 SF

Under Constr % of Inv

0.6%%

Sale Price/SF

$302

Cap Rate

6.3%%

12mo Sales Volume

$87,297,500

Sales Vol Growth

4.6%

Asset Value

$4,547,414,092

Net Absorption

-421,492 SF

Recent DC Sales in Market

Property	Price	SF	Buyer
SFO1	$119.3M	26,900	Buyer 1 Altum Digital Infrastructure \| Buyer 2 Igneo Infrastructure Partners
Santa Clara Data Center/SFO2-B	$55.0M	128,780	CSquare
Santa Clara Data Center/SFO2-A	$42.0M	95,725	CSquare
Skybox Austin	-	141,000	Buyer 1 GI Partners \| Buyer 2 Skybox Datacenters
Anderson Bldg	$4.5M	47,350	Gregory Realty GP

Available DC Space in Market

Property	Avail SF	Rent	Owner
31 Farinella Dr	48,235	$12.40 - 15.16 (Est.)	New Vernon Equities
402 S 29th St	10,000	$28.00	Amanda Kay Childers
3410 Alta Ct	150,000	$7.50	Tyler Marks
115 Bi-County Blvd	5,050	$16.50	Aresco Management
Bldg 78	24,000	$39.00	Link Logistics Real Estate

Data Centre Development Potential

Moderate vacancy (7.8%) in East San Jose-Willow Glen suggests a balanced market with selective opportunities for data centre conversion or development. Active construction pipeline of 90K SF indicates developer confidence in the submarket. Negative absorption of 421K SF over 12 months warrants caution, though this may create discounted acquisition opportunities.