Family Office Briefing on research byKidder Matthews·Apr 28, 2023
Silicon Valley Office Market Report - 1st Quarter 2023
Silicon Valley office vacancy rose to 12.9% in 1Q23 — family offices should consider co-GP opportunities amid cautious investor sentiment.
Office2023
Key Metrics
| Metric | Value |
|---|---|
| Vacancy Rate | 12.9% |
| Availability Rate | 19.52% |
| Asking Lease Rate | 4.60$/SF |
| Gross Absorption | 1,247,210SF |
| Sale Volume | 227,890SF |
| Net Absorption | 401,999SF |
Metrics extracted from the source report and independently fact-checked. Method →
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