25
South Bay sales
$158.4M in total sales volume.
Bay Area Industrial · South Bay
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
South Bay, by the numbers
Where we work in the South Bay
12
Sales between $1M and $5M
Industrial, flex and owner-user buildings.
7
Sales to owner-users
Including 1631 S 10th St, San Jose ($6,900,000, 2024).
3.9 AC
Yard sold on land value
750 Story Rd, San Jose — $15,750,000.
Source: The Ida Group closed-transaction ledger, 2007–2026.
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 South Bay deal we've closed
| Year | Property | City | Deal | Building | Sale Price |
|---|---|---|---|---|---|
| 2026 | 19875 Stevens Creek Boulevard | Cupertino | Retail Lease | 8,590 SF | Leased |
| 2024 | 1631 S 10th StreetOwner-user | San Jose | Industrial Sale | 30,000 SF | $6,900,000 |
| 2023 | 1588 Meridian | San Jose | Sale | — | $3,900,000 |
| 2023 | 1591 Hamilton | San Jose | Sale | — | — |
| 2022 | 750 Story Road | San Jose | Sale | 9,732 SF | $15,750,000 |
| 2022 | 5145-5155 Stevens Creek Blvd | Santa Clara | Sale | 14,667 SF | $6,800,000 |
| 2022 | 1820 Stone AvenueOwner-user | San Jose | Sale | 2,936 SF | $1,100,000 |
| 2021 | 1130 Ringwood Court, | San Jose | Sale | 58,760 SF | $16,550,000 |
| 2021 | 2751 Aiello StreetOwner-user | San Jose | Sale | 9,837 SF | $3,250,000 |
| 2021 | 1130-1132 McKendrie StreetOwner-user | San Jose | Office Sale | 2,416 SF | $1,150,000 |
| 2020 | 1800 Dobbin Drive | San Jose | Industrial Sale | 81,475 SF | $20,550,000 |
| 2020 | 8190 Murray | Gilroy | Industrial Sale | 102,466 SF | $14,000,000 |
| 2020 | 660 N King Road | San Jose | Industrial Sale | 40,200 SF | $9,250,000 |
| 2018 | 1580 W El Camino RealOwner-user | Mountain View | Office Sale | 1,820 SF | $1,292,200 |
| 2018 | 418 MacArthurOwner-user | Redwood City | Industrial Sale | 4,000 SF | $1,250,000 |
| 2017 | 769 North Mathilda Avenue | Sunnyvale | Land Sale | 12,748 SF | $21,000,000 |
| 2017 | 357 East Taylor Street | San Jose | Industrial Sale | 129,646 SF | $10,500,000 |
| 2017 | 1162-1170 El Camino Real | Menlo Park | Office Sale | 4,728 SF | $3,400,000 |
| 2016 | 3250 Middlefield Road | Menlo Park | Land Sale | 4,800 SF | $1,520,000 |
| 2016 | 40 Middlefield Road | Menlo Park | Office Sale | 11,183 SF | $900,000 |
| 2015 | 20640 Third Street | Saratoga | Office Sale | 7,781 SF | $3,895,000 |
| 2015 | Third Street | Saratoga | Land Sale | 2,123 SF | $405,000 |
| 2013 | 2060 Aborn RoadOwner-user | San Jose | Office Sale | 12,390 SF | $3,175,000 |
| 2012 | 1130 Hopkins Avenue | Redwood City | Office Sale | 5,367 SF | $1,694,000 |
| 2011 | 2415 Charleston Road | Mountain View | Retail Sale | 21,579 SF | $6,915,000 |
| 2010 | 29 Clinton Street | Redwood City | Multifamily 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 South Bay listings
We currently have two South Bay properties under contract, and multiple assets are in marketing review and will be posted here for public viewing soon. For early access to off-market and pre-market opportunities, call Jeffrey Ida at (415) 828-7679 or email jida@lee-associates.com.
04 — Market snapshot
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.
The Team
The Ida Group · Lee & Associates – San Francisco
The Ida Group is part of the Lee & Associates – San Francisco office at 433 California Street, Suite 200.
Own industrial property in the South Bay?
The Ida Group · Lee & Associates — San Francisco
433 California Street, Suite 200, San Francisco, CA 94104
433 California Street, Suite 200, San Francisco, CA 94104
© 2026 The Ida Group at Lee & Associates. All rights reserved.