Figure
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.