Wednesday, June 10, 2026
Family Office Briefing on research byKidder Matthews·Jan 5, 2024

Silicon Valley Industrial Market Report - 4th Quarter 2023

Silicon Valley industrial vacancy rate at 2.05% in 4Q23 — family offices should consider co-GP opportunities with disciplined operators.

Key Metrics

MetricValue
Direct Vacancy Rate2.05%
Availability Rate4.62%
Asking Lease Rate2.04$/SF
Leased SF262,456SF
Sold SF65,175SF
Direct Net Absorption-142,519SF

Metrics extracted from the source report and independently fact-checked. Method →

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