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Silicon Valley Market Reports

Silicon Valley Office Market

Average FS Asking Rent (Price/SF)     
          $4.30
Availability Rate (%)          12.56%
Net Absorption (SF)   -1,038,674

Dell/EMC put nearly 400,000 square feet of space up for sublease in Santa Clara's Marriott Park submarket. San Jose leads the Silicon Valley market for the fifth consecutive quarter. Investor activity picks up throughout Silicon Valley.

Silicon Valley Industrial/Warehouse Market

Industrial

Average NNN Asking Rent (Price/SF)      
         $1.08 
Availability Rate (%)          4.46%
Net Absorption (SF)     -894,153

Warehouse

Average NNN Asking Rent (Price/SF)              $.94
Availability Rate (%)           3.71%
Net Absorption (SF)       -276,358

Fremont industrial and warehouse markets log positive net absorption. Average asking rates continue to climb to historic levels. Large warehouse renewals top the list of significant transactions.

Silicon Valley R&D Market

Average NNN Asking Rent (Price/SF)       $1.94
Availability Rate (%)    10.98%
Net Absorption (SF) -859,577

Gross absorption nears 5 million square feet for the year.
Campbell availability drops, driving asking rates upward.
Renasas renewal and expansion in Milpitas tops the list of largest deals.


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Silicon Valley Office Market Report
2Q17
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Silicon Valley Industrial Market Report
2Q17
Download the PDF
Silicon Valley R&D Market Report
2Q17
Download the PDF

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