Office for Lease in San Jose, CA
- Price: Contact for price
- Listing type: For lease
- Asset type: Office
- Location: San Jose, CA 95113
- Size: 970,974 SF
Description
19-Story Iconic Office Tower A Pinnacle of Workplace Design
Market Context
This office in San Jose, CA is listed for lease across 970,974 SF. It has been on the market for 22 days. Compare it against other office listings for lease in San Jose, CA — <a href="/search/lease/office/california/san-jose">view the full market</a>.
As of Q1 2026, the Silicon Valley office market showed a 2.9% vacancy rate, average asking rents near $20.16/SF/yr, rents up 4.3% year over year, and cap rates around 6.2%. Source: Consensus Q1 2026 market report.
Rising rents point to a competitive market where well-priced, well-located space leases quickly.
Office market FAQ
- What is the typical cap rate for office in Silicon Valley?
- About 6.2% as of Q1 2026, per Consensus.
- Is the Silicon Valley office market tightening or softening?
- Vacancy is around 2.9%, with asking rents rising year over year (Q1 2026).
Unified Estimate
Medium Confidence$2.95/SF/mo – $3.98/SF/mo
Mid: $3.46/SF/mo
Total estimate for 970,974 SF: $3,359,570
Rate-first confidence-weighted blend with cost-of-business adjustment.
Contact
- Phil Mahoney · 1408982-8430 · phil.mahoney@nmrk.com
- Phil Mahoney · 1408982-8430 · phil.mahoney@nmrk.com
- Mike Saign · 1408982-8403 · mike.saign@nmrk.com
- Julia Szabo · 1408982-8496 · julia.szabo@nmrk.com
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