Fully Leased 14,000 SQFT Capital Commercial Center in San Jose Trades for $7.03MM
Why this matters
Retail has become a quiet outperformer. A decade of effectively zero new development has left necessity-driven, grocery-anchored, and Sun Belt strip product with negligible vacancy and re-leasing spreads in the high single digits. Cap rates have compressed in step, and the bid for stabilized portfolios is again broad across REITs, pension funds, and institutional core-plus capital. San Francisco continues to clear office at the deepest discounts to 2019 basis seen in the cycle, while multifamily fundamentals have stabilized and life sciences in the Peninsula remains active. The asset class has effectively rerated as a defensive yield trade rather than a secularly challenged sector.
Editorial analysis · Real Estate Trail Editorial
On the RET wire
- The 60th San Francisco story tracked on the wire in October 2026. All San Francisco coverage →
- Disclosed retail deal value tracked in October 2026: $6.1B across 44 reported transactions. All Retail coverage →
Computed from Real Estate Trail’s own tracked coverage
A fully leased, nine-tenant San Jose retail center at 175 S. Capitol Ave. sold for $7.03MM, or about $485 per square foot. The post Fully Leased 14,000 SQFT Capital Commercial Center in San Jose Trades for $7.03MM app…
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