Month: October 2014

Silicon Valley office vacancy continues to tick down, and rents rise in Q3

Office-space vacancy in Silicon Valley decreased to 14.1 percent, down from 15.4 percent a year earlier, JLL research showed. That’s down from a recession-era peak of 26.4 percent in 2009. A vacancy rate of 10 percent or less is generally thought of as a landlord’s market. Read full article here: http://www.bizjournals.com/sanjose/news/2014/10/02/silicon-valley-office-vacancy-continues-to-tick.html?ana=e_du_pub&s=article_du&ed=2014-10-02&u=in6Es6uRY4ST7upqKvtOsEbiw+o&t=1412289348&page=all  

Fremont is the new field of dreams

Wondering what’s happening at the Crossings @ 880 in Fremont? Apple, Living Spaces and Pivot Furniture are taking 585000 sf. Total warehouse vacancy in Fremont is 1.5%. http://www.bizjournals.com/sanjose/news/2014/10/02/big-fremont-industrial-project-lands-apple.html?ana=e_sjo_rdup&s=newsletter&ed=2014-10-02&u=in6Es6uRY4ST7upqKvtOsEbiw+o&t=1412269522&page=all