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Silicon Valley Industrial and R&D Markets Post Negative Absorption in Q1 2026 as Deliveries and Large Move-Outs Test Fundamentals

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Aerial view of Silicon Valley in California
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CBRE research shows industrial vacancy climbing to 5.4 percent and R&D vacancy reaching 13.8 percent, though leasing velocity and AI-driven demand signal underlying market resilience across both sectors Silicon Valley's two largest commercial real estate sectors — industrial and research & development — both recorded negative net absorption during the first quarter of 2026, driven […]

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