Figures

Silicon Valley Office Figures Q2 2026

Leasing activity continues to grow as tenants opt to renew instead of relocate

July 9, 2026 5 Minute Read

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The Silicon Valley Office market closed Q2 2026 with an overall vacancy rate of 15.2%, net absorption of 14,880 sq. ft., and an overall average asking rate of $5.27 per sq. ft. on a monthly, direct, full-service gross basis.