Family Office Briefing on research byKidder Matthews·Jul 26, 2023
Silicon Valley Office Market Report - 2nd Quarter 2023
Silicon Valley office market sees rising vacancy at 14.26% in 2Q23 — family offices should consider co-GP opportunities with disciplined operators.
Office2023
Key Metrics
| Metric | Value |
|---|---|
| Vacancy Rate | 14.26% |
| Total Availability Rate | 21.61% |
| Direct Asking Lease Rate | 4.50$/SF |
| Total SF Leased | 506,578SF |
| Direct Net Absorption | -1,954,034SF |
Metrics extracted from the source report and independently fact-checked. Method →
Full report
Kidder Matthews
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