Silicon Valley’s R&D Sector: Lease Rates Rise Despite Economic Headwinds in Q3 2024

The Silicon Valley research and development (R&D) commercial real estate market has faced mixed conditions in Q3 2024, with lease rates climbing despite rising vacancies and a slowdown in sales activity, according to a recent report by brokerage firm Kidder Mathews. Key Market Highlights - Asking lease rates for R&D properties increased 0.8 percent quarter-over-quarter […]