San Jose-Berryessa

San Jose - CA USA - Industrial Submarket

Industrial real estate intelligence for the San Jose-Berryessa submarket. 18.5M SF of inventory with 8.6% vacancy. Data sourced from various MLS platforms.

18.5MSF

Inventory

986KSF

Available

8.6%

Vacancy

5.1%

Availability Rate

$21.46

Asking Rent

1.6%

Rent Growth

422KSF

12mo Absorption

650KSF

Under Construction

Market Metrics

12mo Delivered

714K SF

Under Constr % of Inv

3.5%%

Sale Price/SF

$355

Cap Rate

6.3%%

12mo Sales Volume

$115,006,460

Sales Vol Growth

161.3%

Asset Value

$6,814,049,446

Net Absorption

+422K 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
SV3	$86.3M	103,420	Invesco Ltd.
3205 Bassett St	$13.3M	33,257	StratCap Digital Infrastructure REIT, Inc.

Available DC Space in Market

Property	Avail SF	Rent	Owner
Bldg 78	24,000	$39.00	Link Logistics Real Estate
Building II	67,038	$11.31 - 13.82 (Est.)	Helms Development
Building I	195,021	$11.31 - 13.82 (Est.)	Helms Development
9 First American Way	49,382	$16.45 - 20.10 (Est.)	First American Financial Corporation

Data Centre Development Potential

High vacancy (8.6%) in San Jose-Berryessa may indicate availability of conversion-ready industrial buildings for data centre development. Active construction pipeline of 650K SF indicates developer confidence in the submarket. Positive net absorption of 422K SF over the past 12 months signals healthy demand fundamentals.