Report | Silicon Valley Office Insight - Q1 2016
Large corporate tech tenants moving into pre-leased space helped fuel Silicon Valley’s strong positive net absorption in Q1. The trend should continue over the next 18 months as 1.7 million of space of under construction is occupied.
New Class A product being delivered complete, but vacant, pushed vacancies slightly upwards to 12.2 percent. Tenants continue to looking towards North San Jose and Downtown San Jose for more favorable market conditions as overall demand remains high.
Learn more about what’s happening right now in Silicon Valley—and what we can expect over the next couple months—by downloading our Q1 2016 US Office Insight.
To access the report, simply complete the form.