Commercial Space

Change in Supply of Office Space

Silicon Valley

Data Source:

JLL

Analysis:

Silicon Valley Institute for Regional Studies

Data represents the end of each annual period unless otherwise noted. Commercial space includes Office, Industrial, and R&D space. The JLL inventory includes all development above 35,000 square feet, with the exception of Downtown Palo Alto and Downtown Mountain View, and all R&D development above 10,000 square feet. The data included in this report does not include owner/user developments. Silicon Valley data include San Mateo County, Santa Clara County, and the City of Fremont. The Change in Available Commercial Space only includes office space, and is calculated as the change between Q4 and Q4 of the prior year. Net absorption is the change in occupied space during a given time period.

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