Wednesday, May 27, 2026
Fact Brief: Is Downtown San Jose’s commercial vacancy rate more than 30%?
Downtown San Jose has a commercial vacancy rate of 30.8%
Commercial real estate firm Cushman & Wakefield reported for the first quarter of 2026 San Jose’s downtown district had an office vacancy rate of more than 30%. The rest of San Jose’s office space submarkets fared better. West San Jose had a rate of 11.5%, San Jose Mineta International Airport had a rate of 27.6%, North San Jose was at 16% and South San Jose had a 7.3% vacancy rate.
When compared to the larger San Francisco Bay Area region, Cushman & Wakefield’s East Bay Office Vacancy Rate sits at 27.4% and San Francisco’s at 31.6%.
This fact brief is responsive to conversations such as this one.
Sources
- Cushman and Wakefield Silicon Valley Office Q1 2026
- Cushman and Wakefield East Bay Oakland Office Q1 2026
- Cushman & Wakefield San Francisco Office Q1 2026
About fact briefs
Fact briefs are bite-sized, well-sourced explanations that offer clear "yes" or "no" answers to questions, confusions, and unsupported claims circulating online. They rely on publicly available data and documents, often from the original source. Fact briefs are written and published by newsrooms in the Gigafact network.
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