Home > Research > U.S. Market Reports Detail

U.S. Market Reports

Tri-Valley Market Reports

Tri-Valley Office Market Report

 Dir FS Class A Ask Rate
    $2.98
 Availability Rate (%)     12.49
 Net Absorption (SF)  -26,446

The Tri-Valley office and office/flex market ended the third quarter of 2017 relatively flat with an overall negative absorption of 26,446 Rentable Square Feet (RSF). Pleasanton experienced 140,212 RSF of negative absorption, which increased its availability rate by 1.08% and brought the total availability rate to 11.1%. The Dublin Class A submarket was the most active with a positive net absorption of 92,360 RSF, largely because of one lease signing. That said, asking rents continued to hold firm across all segments, and the availability rate for the Tri-Valley ended the third quarter at 12.5%.

 Dir Avg NNN Asking Rate
     $.63
 Availability Rate (%)
     3.53
 Net Absorption (SF)
 70,477

The Tri-Valley industrial market experienced positive net absorption of 70,447 rentable square feet during the first half of 2017. Approximately 86% of this absorption was experienced in the warehouse product type, which comprises only 61% of the market's total inventory. After falling from 7.8% in the first half of 2016 to 5.4% in the second half (a 31.0% drop in availability), availability dropped even further in the first half of 2017 to 3.5% (a 34.0% drop).



Tri-Valley Office Market Report
3Q17
Download the PDF
Tri-Valley Industrial Market Report
2Q17
Download the PDF