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Report: Silicon Valley Office Market Stabilizes as Leasing Activity Hits 2.3MM SQFT in Q3

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Aerial view of Main Street Cupertino residential and commercial neighborhood in San Francisco Bay Area, California
Image by Michael Vi on iStock
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Inventory contracts by 2.4 million SQFT year-over-year while availability rate falls to 24.6 percent Silicon Valley’s office sector is showing signs of stabilization as demand picks up despite broader economic headwinds. The third quarter of 2025 recorded 2.3 million square feet of leasing activity, a notable increase from 1.7 million square feet a year ago […]

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