In the first half of 2024, tenants leased just under 3 million square feet of new industrial space in San Jose. The uptick was a 20% increase over the amount leased in the California city over the first half of 2023, which was the lowest amount since the Great Recession.
The volume of new industrial leases increases in San Jose, California
But new leasing activity remains below the 10-year average
By Nigel Hughes
CoStar Analytics
September 16, 2024 | 7:20 P.M.
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