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Office Insight

United States | Silicon Valley, CA

Report | Silicon Valley Office Insight - Q1 2017

Summary

​A cooling of pre-leasing activity is adding to a rise in Silicon Valley’s overall vacancy rate as speculative projects come online. The market’s vacancy rate now stands at 14.1 percent.

The sublease market is also seeing in an increase in availability with a string of recent acquisitions: 40 percent of currently available sublease space is a byproduct of M&As.

Though requirements for space larger than 100,000 square feet has slowed over the last 12 months, full-floor tenants remain active in the market.

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