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Silicon Valley Office MarketView Snapshot Q3 2019

October 14, 2019

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Headquarter realignment triggers surge in gross activity 

  • The overall vacancy rate rose 20 bps from the previous quarter to 6.1%. 
  • Following historic occupancy gains from the previous quarter, the overall Silicon Valley office market posted a well balanced 483,487 sq. ft. of positive net absorption during Q3 2019.