South Bay industrial market shows strength with San Jose lease
Therma LLC leased the entire 212,700-square-foot San Jose Logistics Center at 650 North King Rd., reflecting strong demand for modern logistics and industrial space.
"If tariffs cause imports to fall 25% as predicted by the Tax Foundation think tank, the result would be severely negative for the industrial market with rising vacancy and slowing of new construction," analyst Jesse Gundersheim said.