Family Office Briefing on research byKidder Matthews·Oct 6, 2023
Silicon Valley Office Market Report - 3rd Quarter 2023
Silicon Valley office market sees rising vacancy at 14.64% in 3Q23 — family offices should consider co-GP opportunities with quality operators.
Office2023
Key Metrics
| Metric | Value |
|---|---|
| Direct Vacancy Rate | 14.64% |
| Direct Asking Lease Rate | 4.48$/SF |
| Total SF Leased | 528,107SF |
| Total SF Sold | 85,120SF |
| Direct Net Absorption | -243,169SF |
Metrics extracted from the source report and independently fact-checked. Method →
Full report
Kidder Matthews
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