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San Jose shows promise San Jose YoY rent growth slowed to 1.4 percent, but T3 rates rose 40 basis points to an average of $3,059 in May. And YoY growth is expected to reach 2.9% by year-end. Investment remained solid, with $306 million in sales recorded in the first five months of 2023.
San Jose YoY rent growth slowed to 1.4 percent, but T3 rates rose 40 basis points to an average of $3,059 in May. And YoY growth is expected to reach 2.9% by year-end. Investment remained solid, with $306 million in sales recorded in the first five months of 2023.
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