Family Office Briefing on research byKidder Matthews·Jan 12, 2024
Silicon Valley Office Market Report - 4th Quarter 2023
Silicon Valley office market faces rising vacancy at 16.1% in 4Q23 — family offices should consider co-GP opportunities with disciplined operators.
Office2023
Key Metrics
| Metric | Value |
|---|---|
| Total Availability Rate | 21.2% |
| Direct Asking Lease Rate | 4.46$/SF |
| Total SF Leased | 1,301,511SF |
| Direct Net Absorption | -433,268SF |
Metrics extracted from the source report and independently fact-checked. Method →
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Kidder Matthews
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