Silicon Valley - San Francisco Peninsula office market reports

Q4 2024

Q4 leasing activity on the San Francisco Peninsula reached its highest level in a decade, driven by major deals from Snowflake and Robinhood in Menlo Park. AI companies expanding southward from San Francisco signal potential revitalization for the Peninsula and Silicon Valley markets. While office availability rates in Silicon Valley have started to decline, reflecting improving market dynamics, job posting rates for office roles remain near post-pandemic lows, with remote jobs rebounding to mid-2023 levels.
1.5 msf

Leasing Activity 

The San Francisco Peninsula sees significant leasing activity in Q4.

-4.1%

Availability  

Available space in the Silicon Valley falls in Q4, for the second quarter in a row.

15.7%

Job Postings

The share of remote job postings increase in the Silicon Valley.

Your source for the latest San Jose - Silicon Valley office market reports

Get in-depth office market reports and insights from commercial real estate experts in the Greater San Jose - Silicon Valley area. Avison Young advisors look at San Jose - Silicon Valley commercial real estate activities and the latest San Jose - Silicon Valley statistics to provide you expert market research on San Jose - Silicon Valley's office properties.

Explore different topics like the latest office market pricing trends and analysis of San Jose - Silicon Valley's current office real estate market conditions. Gain a better understanding of San Jose - Silicon Valley’s office real estate outlook and stay ahead of current office space trends. Make smart decisions when it comes to investing in office properties in San Jose - Silicon Valley's competitive office real estate market. Avison Young is your trusted source for commercial real estate office market insights in San Jose - Silicon Valley.

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