Figures

Silicon Valley R&D Snapshot Q1 2025

Occupancy gains due to single construction delivery

April 10, 2025 5 Minute Read

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The Silicon Valley R&D market closed Q1 2025 with an overall vacancy rate of 11.7%, net absorption of 671,547 sq. ft., and an overall average asking rate of $2.99 per sq. ft. on a monthly, direct, NNN basis.