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Silicon Valley R&D Vacancies Hit 12.9% While Industrial Absorption Turns Positive Amid Slow Construction Pipeline

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Silicon Valley with the Apple spaceship campus in the foreground
Photo by Nils Huenerfuerst on Unsplash
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Morgan Hill sees steepest R&D decline as asking rates drop to $2.77 per square foot, five-year low for research facilities Silicon Valley's commercial real estate market is sending mixed signals as the technology sector recalibrates its space requirements. The third quarter of 2025 revealed a bifurcated landscape: research and development facilities are experiencing their highest […]

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