San Jose & South Bay Industrial

 

Bay Area Industrial · San Jose & South Bay

San Jose & South Bay Industrial Real Estate

The Ida Group, Lee & Associates – San Francisco. Private-owner industrial sales and leasing across the Bay Area. Most of our assignments are 2,000–75,000 SF buildings and $1M–$20M sales: warehouses, yard and industrial outdoor storage (IOS) sites, owner-user buildings, small-bay multi-tenant properties and sale-leasebacks.

Closed transactions
26
Sales volume
$158.4M
Owner-user sales
7
Deals since 2024
2
01 — Where we work

San Jose & South Bay

San Jose · Santa Clara · Sunnyvale · Milpitas · Mountain View · Cupertino · Gilroy · plus the mid-Peninsula: Redwood City, Menlo Park

We represent private owners, owner-users, investors and tenants. Of our 26 closed transactions in this region, 25 were sales totaling $158,373,200 and 1 were leases, covering 579,244 SF of buildings where square footage is on file. Every deal below links to its own page with the property details.

02 — Track record

Every San Jose & South Bay deal we've closed

YearPropertyCityDealBuildingSale Price
202619875 Stevens Creek BoulevardCupertinoRetail Lease8,590 SFLeased
20241631 S 10th StreetOwner-userSan JoseIndustrial Sale30,000 SF$6,900,000
20231588 MeridianSan JoseSale—$3,900,000
20231591 HamiltonSan JoseSale——
2022750 Story RoadSan JoseSale9,732 SF$15,750,000
20225145-5155 Stevens Creek BlvdSanta ClaraSale14,667 SF$6,800,000
20221820 Stone AvenueOwner-userSan JoseSale2,936 SF$1,100,000
20211130 Ringwood Court,San JoseSale58,760 SF$16,550,000
20212751 Aiello StreetOwner-userSan JoseSale9,837 SF$3,250,000
20211130-1132 McKendrie StreetOwner-userSan JoseOffice Sale2,416 SF$1,150,000
20201800 Dobbin DriveSan JoseIndustrial Sale81,475 SF$20,550,000
20208190 MurrayGilroyIndustrial Sale102,466 SF$14,000,000
2020660 N King RoadSan JoseIndustrial Sale40,200 SF$9,250,000
20181580 W El Camino RealOwner-userMountain ViewOffice Sale1,820 SF$1,292,200
2018418 MacArthurOwner-userRedwood CityIndustrial Sale4,000 SF$1,250,000
2017769 North Mathilda AvenueSunnyvaleLand Sale12,748 SF$21,000,000
2017357 East Taylor StreetSan JoseIndustrial Sale129,646 SF$10,500,000
20171162-1170 El Camino RealMenlo ParkOffice Sale4,728 SF$3,400,000
20163250 Middlefield RoadMenlo ParkLand Sale4,800 SF$1,520,000
201640 Middlefield RoadMenlo ParkOffice Sale11,183 SF$900,000
201520640 Third StreetSaratogaOffice Sale7,781 SF$3,895,000
2015Third StreetSaratogaLand Sale2,123 SF$405,000
20132060 Aborn RoadOwner-userSan JoseOffice Sale12,390 SF$3,175,000
20121130 Hopkins AvenueRedwood CityOffice Sale5,367 SF$1,694,000
20112415 Charleston RoadMountain ViewRetail Sale21,579 SF$6,915,000
201029 Clinton StreetRedwood CityMultifamily Sale—$3,227,000

Source: The Ida Group closed-transaction ledger, 2007–2026. Sale prices are recorded closing prices; lease terms are confidential. Transactions before 2023 closed while the team was at its prior national firm; the team joined Lee & Associates – San Francisco in 2023. Owner-user tag = sold to a buyer who occupies the building.

03 — On the market now

Current San Jose & South Bay listings

No public South Bay listings right now. We work several off-market and pre-market opportunities at any given time — call Jeffrey Ida at (415) 828-7679 or email jida@lee-associates.com.

See all active listings →

04 — Market snapshot

San Jose & South Bay industrial, Q2 2026

4.2%
Vacancy
$1.74
Asking rent /SF/mo NNN
+1.1M SF
Net absorption

The tightest industrial submarket in the Bay Area — under half the vacancy of the East Bay or North Bay, with rents rising and absorption solidly positive.

Source: CBRE, Silicon Valley Industrial Figures, Q2 2026. More submarkets on our Market Pulse page, updated quarterly.

05 — Questions owners ask

San Jose & South Bay industrial: common questions

Which South Bay cities does The Ida Group cover?

San Jose, Santa Clara, Sunnyvale, Milpitas, Mountain View, Cupertino and Gilroy, plus the mid-Peninsula (Redwood City and Menlo Park).

What San Jose and South Bay sales has The Ida Group closed?

Notable sales include 1631 S 10th Street, San Jose (2024, $6,900,000, 30,000 SF); 1588 Meridian, San Jose (2023, $3,900,000); 750 Story Road, San Jose (2022, $15,750,000, 9,732 SF); 5145-5155 Stevens Creek Blvd, Santa Clara (2022, $6,800,000, 14,667 SF); 1820 Stone Avenue, San Jose (2022, $1,100,000, 2,936 SF); 1130 Ringwood Court,, San Jose (2021, $16,550,000, 58,760 SF); 2751 Aiello Street, San Jose (2021, $3,250,000, 9,837 SF); 1130-1132 McKendrie Street, San Jose (2021, $1,150,000, 2,416 SF). The full list, with a page for each deal, is on this page.

Has The Ida Group sold industrial land and yard sites in San Jose?

Yes. 750 Story Rd, San Jose sold in 2022 for $15,750,000 — a 3.9-acre fenced industrial yard with under 6% building coverage, priced on land value rather than the building. 1631 S 10th St (30,075 SF on about 78,000 SF of land) sold to an owner-user for $6,900,000 in 2024.

Where is The Ida Group based?

The Ida Group is based in Lee & Associates' San Francisco office (242 California St). Lee & Associates offices are independently owned and operated; the Oakland office is a separate team.

The Team

The Ida Group · Lee & Associates – San Francisco

The Ida Group is a team inside Lee & Associates' San Francisco office at 242 California St. Each Lee & Associates office is owned and operated by its own professionals — our team is separate from the Lee & Associates Oakland office.

Jeffrey IdaFounding Principal
(415) 828-7679
jida@lee-associates.com
CA DRE #01826381
Brendan GallagherFounding Principal
(760) 846-1736
bgallagher@lee-associates.com
CA DRE #02047890
Doug OgardVice President
(920) 471-3833
dogard@lee-associates.com
CA DRE #02103324
Michael PabrosProject Development Manager
(650) 380-9724
mpabros@lee-associates.com
CA DRE #02164734
Trey DotenMarket Research Analyst
(530) 601-8997
tdoten@lee-associates.com
CA DRE #02444347

Own industrial property in San Jose & South Bay?

Request a Valuation
Jeffrey Ida — (415) 828-7679
jida@lee-associates.com
Brendan Gallagher — (760) 846-1736
bgallagher@lee-associates.com
The Ida Group · Lee & Associates — San Francisco
242 California St, San Francisco, CA 94111
© 2026 The Ida Group at Lee & Associates. All rights reserved.