San Jose, CA Office Overview
Prominent San Jose office markets include San Jose Downtown, North Valley, and Willow Glen submarkets. With a metropolitan population of nearly 2 million, the economy is strong and robust and San Jose sees significant demand from white-collar employers in the technology and education industries.
As of mid-2017, the San Jose office market encompassed nearly 42 million square feet of office space in properties larger than 50,000 square feet. San Jose is the epicenter of the world-famous Silicon Valley and attracts both high-technology and venture capital from around the globe, maintaining robust demand for Class A space.
San Jose, CA Office Inventory Description
In addition to the large number of high-tech companies located in San Jose, renowned schools such as the University of California, Berkeley, and Stanford University also contribute to the demand for office space in San Jose. With a gross metropolitan product of $188 billion annually, there is solid demand for white-collar employment. Nearly 38% of the office space in San Jose is Class A or A+, while Class B inventory adds another 60% of space to the San Jose, CA, commercial real estate market.
Downtown San Jose continues to see some of the highest demand for Class A office space in the city. Both portfolio investors and tenants are attracted to the prestigious trophy properties of 50 W. San Fernando Street, City View Plaza, and Riverpark Tower on West San Carlos Street.
San Jose, CA Commercial Inventory Breakdown
Office Spaces
Total: 2,256,878,946 SF
By square footage range:
- 50k to 100k SF: 17,627,005 SF / 0.78% of total office
- 100k to 500k SF: 43,747,028 SF / 1.94% of total office
- 500k to 1M SF: 8,733,201 SF / 0.39% of total office
- > 1M SF: 2,186,771,712 SF / 96.89% of total office
By class:
- Class A+: 879,000 SF / 0.04% of total office
- Class A: 24,910,674 SF / 1.1% of total office
- Class B: 2,196,563,765 SF / 97.33% of total office
- Class C: 917,186 SF / 0.04% of total office
Top 10 Largest Office Buildings
in San Jose
| Office building | Address | Sqft | Year built |
|---|---|---|---|
| 2350 Harris Way | 2350 Harris Way, 95131 | 49,662 | 1980 |
| Paypal Headquarters | 2211 North 1st Street, 95131 | 732,053 | 1999 |
| Samsung Semiconductor Corporate Headquarters | 3655 North 1st Street, 95134 | 679,223 | 2015 |
| Cadence Design Systems Headquarters | 2655 Seely Avenue, 95134 | 578,101 | 1992 |
| IBM Almaden Valley Research Lab | 650 Harry Road, 95120 | 502,750 | 1983 |
| Maxim Integrated Headquarters | 160 Rio Robles Drive, 95134 | 430,000 | 1990 |
| One Santana West | 3161 Olsen Drive, 95128 | 375,000 | 2021 |
| Rio Tech Park | 30 Rio Robles Drive, 95134 | 373,754 | 1984 |
| 50 West San Fernando Street | 50 West San Fernando Street, 95113 | 353,527 | 1989 |
| Adobe West Tower | 345 Park Avenue, 95110 | 350,000 | 1996 |
Largest Office Properties Recently Completed
in San Jose
| Office building | Address | Sqft | Year built |
|---|---|---|---|
| One Santana West | 3161 Olsen Drive, 95128 | 375,000 | 2021 |
| China Mobile Data Center Building | 6320 San Ignacio Blvd, 95119 | 287,000 | 2021 |
| North First & Brokaw Corporate Campus - Building B | 122 East Brokaw Drive, 95112 | 242,320 | 2021 |
| North First & Brokaw Corporate Campus - Building C | 134 East Brokaw Drive, 95112 | 242,320 | 2021 |
| North First & Brokaw Corporate Campus - Building D | 1849 Bering Drive, 95112 | 126,895 | 2021 |
| Paseo | 201 South 2nd Street, 95113 | 87,000 | 2021 |
| Coleman Highline - Building 3 | 1173 Coleman Avenue, 95110 | 194,205 | 2020 |
| Coleman Highline - Building 4 | 1167 Coleman Avenue, 95110 | 164,389 | 2020 |
| 1 West Santa Clara | 1 West Santa Clara Street, 95113 | 104,166 | 2020 |
| 700 Santana Row | 700 Santana Row, 95128 | 320,525 | 2019 |
San Jose, CA Green Office Space
Of the Top 30 Green Office Markets in the U.S., San Jose ranks 18th for energy-efficient buildings in the 2017 National Green Building Adoption Index. While nearly 5% of the city’s office buildings larger than 50,000 square feet are LEED-certified, over 6% rank as Energy Star-rated and over 10% are recognized as otherwise green buildings.
The Sun Power San Jose Headquarters at 145 Rio Robles Drive is a prime example of a LEED-certified building. Originally constructed in 1985, with over 57,000 square feet of space, the property has been updated to today's green energy standards. As tenants and national and global investors seek out green certified office assets for their use and portfolios, the green trend will continue to grow in San Jose.
San Jose, CA's Top Office-Using Sectors
As the capital of Silicon Valley, San Jose has an enormous concentration of high-technology, engineering, and computer businesses. The world-famous universities in San Jose create thousands of highly skilled white-collar workers each year to supply the needs of the booming technology industry.
- Computer – The commercial real estate market in San Jose is home to computer-related development and manufacturing companies such as Cisco Systems, Adobe, and Hewlett-Packard;
- High Technology – Lockheed Martin, PayPal, eBay, Netgear, and Integrated Device Technology are just five examples of the high-tech companies located in San Jose's Silicon Valley that create demand for Class A office space;
- Education – In order to meet the nearly insatiable demand for highly-trained workers, institutions such as the University of California - Berkeley, San Jose University, and Stanford University educate thousands of skilled employees each year;
- Corporate Offices – The demand for white-collar Class A office space in San Jose also comes from countless companies that employ thousands of people, including Altera, Hitachi, IBM, Cypress Semiconductor, and TiVo.
Frequently Asked Questions
How much does office space cost in San Jose, CA?
The average office rental rate in San Jose, CA is $36.27 per square foot. Asking prices vary based on the property’s location, overall rating, amenities, proximity to restaurants, cafes and entertainment venues, as well as public transport, airports and highways. Check San Jose Office Market Trends for more stats.
What is the size of available office spaces in San Jose, CA?
The San Jose, CA office market can accommodate various businesses, sporting a range of office space availabilities. The average size of office space availabilities is 1,900,075 square feet. If you’re just starting out as a company or as an entrepreneur, the smallest available office space in San Jose, CA is 150 square feet, while the maximum rentable space on the market now is 3,800,000 square feet.
How do I get office space in San Jose, CA?
Start your search for office space in San Jose, CA by using our filters that allow you to find the best space for your business needs. Filter listings by location, property size, available space or lease rate. Property pages will offer details about an office building’s rating, year built, availabilities, price per square foot and more. After drawing up a shortlist, make sure you contact the listed broker(s) to schedule a viewing and begin the negotiation process for your lease contract.
How many office listings are available in San Jose, CA?
There are 747 office listings on the San Jose, CA market. See all available office spaces for rent.
Where to rent an office space in San Jose, CA?
Popular San Jose neighbourhoods with available office spaces include North San Jose, Downtown San Jose and North Valley.
What other property types are available for lease in San Jose, CA?
In addition to traditional office spaces, commercial real estate listings on our platform also include coworking & shared office space options, retail spaces, industrial buildings, warehouses, distribution facilities, and more.
San Jose Demographics
Population
- Total Population1,027,690
- Male Population(50.5 %) 518,708
- Female Population(49.5 %) 508,982
- Median Age36.70
Income/Financial
- Average Household Income$142,632
- Median Household Income$109,593
- Median Income Under 25$51,568
- Median Income 25-44$128,975
- Median Income 45-64$126,703
- Median Income Over 65$62,068
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