Figures
Silicon Valley Office Snapshot Q1 2025
Leasing activity bolstered by flight to quality
April 11, 2025 5 Minute Read
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The Silicon Valley Office market closed Q1 2025 with an overall vacancy rate of 18.5%, net absorption of 142,376 sq. ft., and an overall average asking rate of $5.49 per sq. ft. on a monthly, direct, full-service gross basis.