North San Jose
San Jose - CA USA - Industrial Submarket
Industrial real estate intelligence for the North San Jose submarket. 33.0M SF of inventory with 11.9% vacancy. Data sourced from various MLS platforms.
33.0MSF
Inventory
4.4MSF
Available
11.9%
Vacancy
13.3%
Availability Rate
$26.39
Asking Rent
2.0%
Rent Growth
-617,793SF
12mo Absorption
0SF
Under Construction
Market Metrics
12mo Delivered
0 SF
Under Constr % of Inv
0.0%%
Sale Price/SF
$347
Cap Rate
6.5%%
12mo Sales Volume
$756,532,380
Sales Vol Growth
319.1%
Asset Value
$11,453,605,907
Net Absorption
-617,793 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 |
| 4495 Low Latency Ln | - | 200,000 | - |
| 4495 Low Latency Ln | - | 200,000 | - |
| 8425 N 114th St | $2.6M | 232,663 | |
| Santa Clara Data Center/SFO2-B | $55.0M | 128,780 | CSquare |
Available DC Space in Market
| Property | Avail SF | Rent | Owner |
|---|---|---|---|
| Four Overlook Point | 863,403 | $21.87 - 26.73 (Est.) | Woodcrest Capital LLC |
| Building D | 20,678 | $10.86 - 13.27 (Est.) | Entrada Partners |
| The Falchi Building | 272,217 | $23.00 | Savanna Real Estate Fund |
| McHenry Corporate Center IV | 42,811 | $6.00 - 12.50 | Gold Drop |
| Bldg 78 | 24,000 | $39.00 | Link Logistics Real Estate |
Data Centre Development Potential
High vacancy (11.9%) in North San Jose may indicate availability of conversion-ready industrial buildings for data centre development. Negative absorption of 618K SF over 12 months warrants caution, though this may create discounted acquisition opportunities.
Other Submarkets in San Jose - CA USA
Evaluating North San Jose for Development?
Our advisory team provides site-specific analysis including power availability, zoning, and financial modeling.
Data sourced from various MLS platforms. Industrial market data for informational purposes. Professional due diligence recommended.