Silicon Valley Commercial Space

Q1 2017

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Silicon Valley is experiencing cautious optimism carried over from 2016 while several large corporate technology firms have put space back on the market, preemptively buckling down should the economy begin to signal a slowdown. Although requirements for larger spaces have declined, many tech companies are continuing their growth, albeit at a slower pace when compared to 2015-2016.

Charts/tables featured in this report:

• Figure A1. Quarterly Commercial Space Completions, since 2000
• Figure A2. Annual Commercial Space Completions, since 2010
• Table A3. Large Office Space Completions, Q1 2017
• Figure B1. Quarterly Vacancy Rates, since 2010
• Figure B2. Q1 Vacancy Rates by Sector, since 2000
• Figure B3. Bay Area Office Space Vacancy by Proximity to Transit, Q1 2017
• Figure C1. Quarterly Rents by Sector, since 2010
• Figure C2. Q1 Rents by Sector, since 2000
• Figure C3. Bay Area Office Space Rents by Proximity to Transit, Q1 2017
• Figure D1. Bay Area Office Space Under Construction & Share Pre-Leased to Tech Firms, Q1 2017