Figures

Bay Area Office/R&D Snapshot Q4 2025

February 16, 2026 5 Minute Read

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Q4 2025 Office closed with vacancy of 24.0%, net absorption of 901,161 sq. ft., and asking rate of $5.36 per sq. ft. on a monthly, full-service gross basis. R&D closed with vacancy rate of 15.9%, net absorption of 587,667 sq. ft., and asking rate of $3.80 per sq. ft. on a monthly, NNN basis.