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Family Office Briefing on research byKidder Matthews·Jan 5, 2024

Silicon Valley R&D Market Report - 4th Quarter 2023

Silicon Valley R&D market sees vacancy rise to 9.5% in 4Q23 — family offices should consider co-GP opportunities with disciplined operators.

2023

Key Metrics

MetricValue
Vacancy Rate9.5%
Availability Rate10.8%
Asking Lease Rate3.22$/SF
Gross Absorption650,165SF
Sale Volume417,956SF
Net Absorption-94,117SF

Metrics extracted from the source report and independently fact-checked. Method →

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