Figures
Silicon Valley R&D Figures Q1 2026
Robust leasing and sales despite large block occupancy losses
April 9, 2026 5 Minute Read
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The Silicon Valley R&D market closed Q1 2026 with an overall vacancy rate of 13.8%, net absorption of negative 1,645,572 sq. ft., and an overall average asking rate of $2.84 per sq. ft. on a monthly, direct, NNN basis.