Sunnyvale
San Jose - CA USA - Industrial Submarket
Industrial real estate intelligence for the Sunnyvale submarket. 14.8M SF of inventory with 9.3% vacancy. Data sourced from various MLS platforms.
14.8MSF
Inventory
1.3MSF
Available
9.3%
Vacancy
8.5%
Availability Rate
$31.78
Asking Rent
1.5%
Rent Growth
-148,842SF
12mo Absorption
1.2MSF
Under Construction
Market Metrics
12mo Delivered
0 SF
Under Constr % of Inv
7.8%%
Sale Price/SF
$437
Cap Rate
6.3%%
12mo Sales Volume
$130,544,529
Sales Vol Growth
-63.0%
Asset Value
$6,954,114,146
Net Absorption
-148,842 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 |
Data Centre Development Potential
High vacancy (9.3%) in Sunnyvale may indicate availability of conversion-ready industrial buildings for data centre development. Active construction pipeline of 1.2M SF indicates developer confidence in the submarket. Negative absorption of 149K SF over 12 months warrants caution, though this may create discounted acquisition opportunities.
Other Submarkets in San Jose - CA USA
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Data sourced from various MLS platforms. Industrial market data for informational purposes. Professional due diligence recommended.