2665 North First @ Trimble — Lease in San Jose, CA
- Price: Contact for price
- Listing type: For lease
- Asset type: Office
- Location: San Jose, CA 95134
Description
±3,907 - ±17,572 SF Office Available
Market Context
This office in San Jose, CA is listed for lease. It has been on the market for 195 days. Compare it against other office listings for lease in San Jose, CA — view the full market.
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: multiple brokerage reports, Q1 2026.
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 multiple brokerage reports.
- Is the Silicon Valley office market tightening or softening?
- Vacancy is around 2.9%, with asking rents rising year over year (Q1 2026).
Estimated Market Rate
$2.52/SF/mo – $3.42/SF/mo
Mid: $2.97/SF/mo
Rate-first confidence-weighted blend with cost-of-business adjustment.
Contact
- David Fukuda · 408 453 7429 · david.fukuda@cbre.com
- Donald Lonsinger · +408 4537471 · donald.lonsinger@cbre.com
- Matt Gutierrez · 408 467 7582 · matt.gutierrez@cbre.com
Explore this market
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