Figures

Silicon Valley Industrial Figures Q4 2023

Market softens yet fundamentals remain strong

January 10, 2024 5 Minute Read

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The Silicon Valley industrial market closed Q4 2023 with an overall vacancy rate of 2.7%, net absorption of negative 75,186 sq. ft., and an overall average asking rate of $1.67 per sq. ft. on a monthly, NNN basis.