Q3 Silicon Valley Commercial Real Estate Outlook
Esquire Property Management Group
NOVEMBER 30, 2023
Silicon Valley Research and Development Market The Silicon Valley commercial real estate R&D market experienced a slowdown in Q3 2023, with San Jose, Milpitas, and Fremont contributing to occupancy loss. Net absorption remained negative at 661,075 square feet, the lowest since mid-2021. year-over-year to $3.05
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