San Jose Class A Office Vacancy Falls Below Its Long-Term Average as Class B and C Space Lags

Class A office vacancy in the San Jose metro fell 340 basis points in a year to 17.3 percent, slipping beneath the segment's 18 percent historical average, while Class B and C space improved just 80 basis points and still sits roughly 3 points above its own norm, according to a new Marcus & Millichap report.