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Silicon Valley Industrial Market Records Historic Tenant Demand as Hardware and AI Sectors Fuel Leasing Surge

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Industrial with solar panels
Photo by Bernd Dittrich on Unsplash
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Active requirements skyrocket to 11.67 million square feet—the highest level in recent history—while average asking rates climb to $1.79 per square foot as technology ecosystem drives robust absorption Silicon Valley's industrial market posted record-breaking tenant demand in the fourth quarter of 2025, with active requirements surging to 11.67 million square feet from 6.51 million square […]

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