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Office Insight

United States | Silicon Valley, CA

Report | Silicon Valley Office Insight - Q3 2015

Summary

Silicon Valley continues to experience a substantial amount of occupancy growth as the tech sector has yet to exhibit signs of cooling. Tenants such as ServiceNow, Google, Mercedes Benz, and WhatsApp represented approximately 83.7 percent of the net absorption this quarter, all of which was newly delivered Class A office product. 

The Valley is currently on its 19th consecutive quarter of positive net absorption, longer than what was seen during the dot.com era.

Learn more about what’s happening—and what we expect to occur in the coming months—in the Silicon Valley office market.

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