Tenant Renewals Dominate Walnut Creek Office Market Amid Rising Vacancy and Slowing Demand

The Walnut Creek office market continues to face headwinds in early 2025, as vacancy rates climb and net absorption turns increasingly negative. According to the latest Q1 2025 report from Colliers, the overall vacancy rate reached 22.9 percent—an increase of 90 basis points from the previous quarter and up 160 basis points year-over-year—underscoring persistent weakness […]