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San Jose Replaces San Francisco as Nation’s Most Expensive Office Market

Asking Rents Nearly Back to Record Level
Office asking rents in San Jose are now nearing all-time highs. (Anita Shin/CoStar)
Office asking rents in San Jose are now nearing all-time highs. (Anita Shin/CoStar)
CoStar Analytics
September 28, 2021 | 6:32 P.M.

Stronger fundamentals and commitments from Silicon Valley tech giants have pushed San Jose, California, past San Francisco as the most expensive office market in the country.

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