Who says the commercial real estate market is terrible? So what if you can drive west on Hamilton Avenue and see five different properties for sale or lease?

The market must actually be great! Because developers put a sign up this weekend offering new “Office Condos” on the property immediately east of Safeway near Hamilton & Meridian – and they don’t even have a permit yet!

Obviously feeling neglected while the western side of the street got new sidewalks and landscaping earlier this year, the long-suffering weed patch on the southern side of the split between Hamilton Avenue & Hamilton Way may be about to get its long-await upgrade.

Fruitdale Associates LLC (in the form of Dan Hudson from Los Gatos) has applied for a permit to build a two-story office building, which they are calling “Office Condos,” a growing trend in San Jose and across the country.

Although actual residential condos were proposed for the site last year, that project appears to have been halted in favor of business zoning. Although it isn’t clear from the project documents yet, it appears as though the existing office building might be torn down to make way for the new one.