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Office Insight

United States | Silicon Valley, CA

Report | Silicon Valley Office Insight - Q3 2017

Summary

​Demand for space in Silicon Valley remains positive, though rising vacancy is causing concern. Net absorption rose out of the red in Q3, with a number of tenants finally occupying their new spaces.

Rents continue to rise in Caltrain-accessible submarkets, even as higher costs have prompted some tenants to relocate to less expensive areas of the Valley.

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