San Jose, CA
CBRE Arranges 104,400-Square-Foot Industrial Lease in San Jose to PODS Enterprises
April 13, 2026
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Sr Corp Communications Manager
CBRE arranged a 104,400-square-foot lease to PODS Enterprises, LLC at 1959 Monterey Road in San Jose. CBRE's Brian Matteoni and Ian Halker represented the landlord in the transaction.
"Industrial users continue to focus on facilities that offer efficient loading, modern clear heights, and access to major transportation corridors. This lease reflects continued demand for well-located, freestanding industrial buildings in San Jose," said Matteoni, executive vice president at CBRE.
The 104,400-square-foot industrial building sits on 5.34 acres in Central San Jose and was built in 2001. The building features 28-foot clear height, 23 dock-high doors, five grade-level doors, and approximately 3,000 square feet of office space. The warehouse includes ESFR sprinklers.
Located near U.S. Highway 101, Interstate 280, and State Route 87, 1959 Monterey Road offers regional connectivity throughout the South Bay and the greater Bay Area.
Industrial leasing activity in Silicon Valley increased to 1.93 million square feet in Q1 2026, up from 1.85 million square feet in Q4 2025, according to CBRE Research. New deals made up 49.8% of all leasing activity, and deals 100,000 square feet and greater accounted for 41.4% of leasing square footage.
About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Dallas, is the world’s largest commercial real estate services and investment firm (based on 2024 revenue). The company has more than 140,000 employees (including Turner & Townsend employees) serving clients in more than 100 countries. CBRE serves clients through four business segments: Advisory (leasing, sales, debt origination, mortgage servicing, valuations); Building Operations & Experience (facilities management, property management, flex space & experience, digital infrastructure services); Project Management (program management, project management, cost consulting); Real Estate Investments (investment management, development). Please visit our website at www.cbre.com.