Family Office Briefing on research byKidder Matthews·Apr 10, 2024
Silicon Valley Office Market Report - 1st Quarter 2024
Silicon Valley office vacancy rose to 16.6% in 1Q24 — family offices should consider co-GP opportunities amidst market shifts.
Office2024
Key Metrics
| Metric | Value |
|---|---|
| Vacancy Rate | 16.6% |
| Availability Rate | 20.2% |
| Asking Lease Rate | 3.96$/SF |
| Gross Absorption | 626,337SF |
| Net Absorption | -64,858SF |
Metrics extracted from the source report and independently fact-checked. Method →
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