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R&D Market Research/Reports

  1. California

    1. Silicon Valley R&D Market Report
      First Quarter 2017

      The Silicon Valley R&D market got off to a steady start in 2017. Demand for R&D product remains robust, and the product's versatility and placement in key submarkets continues to attract various users. Net absorption for the quarter ended up at positive 300,372 square feet, while the vacancy rate dropped to 8.16%. Average asking rates were stable at $2.18 per square foot per month on a triple-net basis, which is down from $2.41 at this time last year. This may be attributable to high leasing volume of higher priced repositioned assets, and an increase in supply in less expensive submarkets. Demand has been strong, despite notable tech giants continuing to digest their newly held space from the acquisition frenzy over the past few years.

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      First Quarter 2017 Silicon Valley R&D Market Report
      Fourth Quarter 2016 Silicon Valley R&D Market Report
      Third Quarter 2016 Silicon Valley R&D Market Report
      Second Quarter 2016 Silicon Valley R&D Market Report
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