Learn more about our local markets and property types by clicking our most recent Silicon Valley MarketBeat reports below.
Silicon Valley MarketBeat Reports
Julie Leiker • 4/14/2023
Cushman & Wakefield MarketBeat reports analyze quarterly economic and commercial real estate activity including supply, demand and pricing trends at the market and submarket levels.
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Current Marketbeats
Q1 2023 Silicon Valley Office Report
Silicon Valley’s office vacancy rate decreased in the first quarter of 2023 to 18.4%, down from 18.8% in the fourth quarter .Average asking rents have generally remained flat since the beginning of 2022. In the first quarter of 2023, rents came in at $5.37 per square foot (psf) on a monthly full-service basis, which is a $0.07 increase YOY.
Q1 2023 Silicon Valley Industrial Report
At the end of the first quarter of 2023, Silicon Valley’s industrial vacancy rate inched up to 3.2%, from 3.1% in the fourth quarter of 2022.
Q1 2023 Silicon Valley R&D Report
After six consecutive quarters of decreasing vacancy, the Silicon Valley’s R&D vacancy rate increased 60 basis points, coming in at 10.3% for the first quarter of 2023.
Q1 2023 Silicon Valley Retail Report
In the first quarter of 2023, the shopping center vacancy rate in Silicon Valley was recorded at 5.2%, the same as last quarter’s figure but down 60 basis points from 5.8% last year.
Q2 2022 Central Coast Office Report
The supply of available space in the Central Coast office market increased in the second quarter of 2022, with availabilities totaling 1.46 million square feet (msf) compared to 1.37 msf in the prior quarter.
Q2 2022 Central Coast Industrial Report
The supply of available space in the Central Coast industrial market increased with vacancy ending at 2.4% in the second quarter .
Q2 2022 Central Valley Industrial Report
The vacancy rate in the Central Valley industrial market was 4.5% at the end of the second quarter of 2022, down 150 basis points (bps) YOY, despite over 9.6 million square feet (msf) of new construction delivered in the same period.
Featured Insights: Current U.S. MarketBeats
MarketBeat • Office
Access the latest quarter commercial real estate results for the office sector nationally. Marketbeat analyzes quarterly market activity including supply, demand and pricing trends.
David Smith • 4/11/2023
MarketBeat • Retail
Access the latest quarter commercial real estate results for the retail sector nationally. Marketbeat analyzes quarterly market activity including supply, demand and pricing trends.
James Bohnaker • 4/11/2023
MarketBeat • Industrial
Access the latest quarter commercial real estate results for the industrial sector nationally. Marketbeat analyzes quarterly market activity including supply, demand and pricing trends.
Jason Price • 4/6/2023