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
 Availability Rate (%)         14.6
 Net Absorption (SF) -142,691

The Tri-Valley office and office/flex market recorded a negative net absorption totaling 142,691 rentable square feet during the second quarter of 2018. This brought the market's year-to-date total absorption to negative 463,959 rentable square feet. Despite six consecutive quarters of negative absorption, mid and large-sized tenant demand remains strong in office and office/flex product types. The overall availability rate for the Tri-Valley increased slightly this quarter to 14.6%.

 Dir Avg NNN Asking Rate
 Availability Rate (%)
 Net Absorption (SF)

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
Download the PDF
Tri-Valley Industrial Market Report
Download the PDF