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What is the San Francisco Silicon Valley’s Sub-Lease Market Impact on Commercial Property Values in 2025

Esquire Property Management Group

The Sublease Market 2025 is shaping the landscape, with sublease space dropping by 3% in the fourth quarter of 2024, falling below 8 million square feet for the first time since 2022. Owners and Property Managers Are Offering More Flexible Lease Terms Provide tailored leasing options to accommodate tenant and sub-lessee needs.

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Q3 Silicon Valley Commercial Real Estate Outlook

Esquire Property Management Group

million square feet, driven by large tech tenants subleasing their spaces. The Silicon Valley commercial real estate office development pipeline, totaling 66.4 million square feet recorded in the same period of 2022. are pre-leased, providing relief for prospective tenants in 2024. million square feet, includes 5.1