Skyport Plaza — Lease in San Jose, CA

  • Price: Contact for price
  • Listing type: For lease
  • Asset type: Office
  • Location: San Jose, CA 95110

Description

Scalable Corporate Campus In the Center of Convenience 2-Building Campus | +/-388,566 SF @ 8 Stories | Generous Electrical Power

Market Context

This office in San Jose, CA is listed for lease. It has been on the market for 196 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

$1.04/SF/mo – $1.40/SF/mo

Mid: $1.22/SF/mo

Rate estimator only; cost-of-business estimate unavailable.

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