Figures

Silicon Valley Office Figures Q1 2026

Artificial intelligence bolsters occupancy gains

April 9, 2026 5 Minute Read

The Silicon Valley Office market closed Q1 2026 with an overall vacancy rate of 15.4%, net absorption of 769,556 sq. ft., and an overall average asking rate of $5.31 per sq. ft. on a monthly, direct, full-service gross basis.